HUMBL, Inc. (HMBL)
Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against HUMBL, Inc. ("HUMBL" or the "Company") (OTCMKTS: HMBL) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired HUMBL common stock and/or the unregistered HUMBL BLOCK Exchange Traded Index ("ETX") securities between November 21, 2020 and the filing of this action. Such investors are encouraged to join this case.
This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.
The Complaint alleges that throughout the Class Period, defendants made materially false and misleading statements regarding the Company's business and operations. Specifically, defendants made false and/or misleading statements and/or failed to disclose (1) that the HUMBL Pay App did not have even the basic functionality that it promised investors; and (2) that several of its hyped international business partnerships had a very low chance of contributing material revenues to the Company's bottom line.
A class action lawsuit has already been filed. You can review a copy of the Complaint and sign the certification form or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in HUMBL you can request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
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.