Investor Alert: Class Actions Filed Against MAISON, DADA, FTFT, and ALLOVIR

NEW YORK, February 16, 2024 -- In recent developments for shareholders, Bragar Eagel & Squire, P.C., a law firm recognized for championing shareholder rights, has announced the initiation of class action lawsuits representing stockholders of four companies. These legal actions have raised concerns for investors in Maison Solutions Inc. MSS, Dada Nexus Ltd. ADR DADA, Future FinTech Group Inc. FTFT, and AlloVir ALVR. The lawsuits claim that these companies may have provided misleading information to the investing public, leading to potential financial losses for shareholders.

About the Affected Companies

Maison Solutions Inc. MSS distinguishes itself as a leading specialty grocery retailer in California with its headquarters nestled in Monterey Park. Concurrently, Dada Nexus Limited DADA commands presence in China's on-demand retail delivery sphere, with Shanghai as its operational hub. Future FinTech Group Inc. FTFT, a trailblazer in the real-name blockchain e-commerce industry, operates its innovative platform from Beijing. Completing this quartet, AlloVir ALVR, a clinical-stage cell therapy enterprise, is committed to advancing T-cell therapies to combat virus-related diseases from their base in Cambridge, Massachusetts.

Implications for Investors

The lawsuits aim to protect the rights of investors and seek to recover damages on their behalf. Shareholders who have incurred losses and believe that any of the aforementioned companies may have misrepresented information are encouraged to contact Bragar Eagel & Squire, P.C. for potential legal recourse. With class actions underway, it remains crucial for investors affected to stay informed and consider their options for joining the litigations.

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