HEPS Class Action: Learn About the Hepsiburada  Lawsuit  | Levi & Korsinsky, LLP

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Levi & Korsinsky, LLP announces that a HEPS class action lawsuit has been filed on behalf of investors who purchased D-MARKET Elektronik Hizmetler ve Ticaret Anonim irketi a/k/a D-MARKET Electronic Services & Trading d/b/a/ Hepsiburada (HEPS) This lawsuit is on behalf of persons and entities that purchased or otherwise acquired Hepsiburada American Depositary Receipts (“ADRs”) pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company’s July 2021 initial public offering. For more on the HEPS Lawsuit please contact us today.   

According to the Hepsiburada lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Hepsiburada suffered a sharp deceleration in operational and sales growth during second quarter 2021; (2) as a result, the Company initiated certain actions to fortify its competitive position, including investing in electronics and high-frequency categories and discounting certain categories; (3) as a result of the foregoing, Hepsiburada’s revenue and Gross Merchandise Value had declined during second quarter 2021; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

TO LEARN MORE ABOUT THE HEPS CLASS ACTION LAWSUIT, CLICK HERE  

If you suffered a loss in Hepsiburada  you have until December 20, 2021, to 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.  

Levi and Korsinsky

CONTACT: 


Levi & Korsinsky, LLP  

Joseph E. Levi, Esq.  

55 Broadway, 10th Floor  

New York, NY 10006  

jlevi@levikorsinsky.com  

Tel: (212) 363-7500  

Fax: (212) 363-7171  

www.zlk.com  

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