Recent Security Class Actions

Global Cord Blood Corporation Common Stock (NYSE: CO)

6 Days left to seek lead plaintiff status.

Company Name:Global Cord Blood Corporation Common Stock
Stock Symbol:NYSE: CO
Class Period Start:06/04/2019
Class Period End (inclusive):05/03/2022
Filing Deadline:06/21/2024

The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, the Complaint alleges Defendants made false and/or misleading statements and/or failed to disclose that: (i) Global Cord employed a capital allocation strategy designed to reserve funds for Company insiders and related parties rather than for the benefit of Company shareholders; (ii) Global Cord's decisions to reject multiple going private offers and enter into the Transaction were nothing more than self-serving and conflicted attempts by Defendants to divert company funds to corporate insiders and related parties; (iii) Defendants had fundamentally misrepresented to investors Global Cord's approach to capital allocation, strategic investments, acquisitions, and related party transactions as a result of the misappropriation by Defendant Kam and his entities of hundreds of millions of dollars from the Company; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

Global Cord Blood Corporation Common Stock (NYSE: CO) Claim Form

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