Categories: Wire Stories

Shareholder Alert: Robbins LLP Reminds Investors It is Investigating the Officers and Directors of ECMOHO Ltd. (MOHO) on Behalf of Shareholders

SAN DIEGO & SHANGHAI–(BUSINESS WIRE)–$MOHO #ClassAction–Shareholder rights law firm Robbins LLP reminds shareholders that it is investigating ECMOHO Ltd. (NASDAQ: MOHO) for potential material misstatements and violations of federal securities laws pursuant to its November 2019 initial public offering (“IPO”). On November 8, 2019, ECMOHO completed its IPO offering approximately 4.4 million shares at $10 per share and raising $48 million in proceeds. Since its IPO, ECMOHO’s stock has precipitously declined and by July 20, 2020, shares of ECMOHO closed at only $2.07 per share, representing a staggering decline of approximately 79% from its IPO share price. The stock continues to trade around a little over $2 per share.

If you purchased shares of ECMOHO stock in its November 2019 IPO at $10 per share, click here.

ECMOHO Ltd. (MOHO) Shareholders Have Legal Options

Contact us to learn more:

Lauren Levi

(800) 350-6003

llevi@robbinsllp.com
Shareholder Information Form

Robbins LLP is a nationally recognized leader in shareholder rights law. To be notified if a class action against ECMOHO settles or to receive free alerts about companies engaged in wrongdoing, sign up for Stock Watch today.

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Contacts

Lauren Levi

Robbins LLP

5040 Shoreham Place

San Diego, CA 92122

llevi@robbinsllp.com
(800) 350-6003

www.robbinsllp.com

Alex

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