Groupon Inc. (GRPN)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Groupon, Inc. ("Groupon” or the "Company") (NASDAQ: GRPN). The investigation concerns whether Groupon and certain of its officers and/or directors have violated federal securities laws.
On August 9, 2021, media outlets reported that, following an investigation launched in April of 2021, the United Kingdom’s Competition and Markets Authority (“CMA”) had written to Groupon UK and other Groupon entities outlining certain concerns. Specifically, following its investigation, the CMA found evidence that Groupon UK’s practices were potentially in violation of consumer protection law as well as certain formal commitments that it had made to the CMA’s predecessor, the Office of Fair Trading, in 2012. On this news, Groupon’s stock price fell sharply during intraday trading on August 9, 2021.
If you are aware of any facts relating to this investigation, or purchased Groupon shares, you can assist this investigation. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.