Los Angeles - 
(NewMediaWire) - November 1, 2021 - The Schall Law Firm, a national shareholder rights litigation
firm, announces the filing of a class action lawsuit against D-MARKET
Elektronik Hizmetler ve Ticaret Anonim Sirketi d/b/a Hepsiburada (“Hepsiburada” or
“the Company”) (NASDAQ: HEPS) for violations of the federal securities laws.
Investors who
purchased the Company's shares pursuant and/or traceable to the Company’s
initial public offering conducted on July 1, 2021 (the “IPO”), are encouraged
to contact the firm before December 20, 2021.
If you are a
shareholder who suffered a loss, click here to participate.
We also encourage you
to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite
2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of
charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.
The class, in this
case, has not yet been certified, and until certification occurs, you are not
represented by an attorney. If you choose to take no action, you can remain an
absent class member.
According to the
Complaint, the Company made false and misleading statements to the market. Hepsiburada’s
operational and sales growth suffered a sharp deceleration in the second
quarter of 2021. Based on slow growth, the Company attempted to fortify certain
high frequency product categories while discounting others. These changes
negatively impacted both revenue and GMV. Based on these facts, the Company’s
public statements throughout the IPO period were false and materially
misleading. When the market learned the truth about Hepsiburada, investors
suffered damages.
Join the case to recover your losses.
The Schall Law Firm
represents investors around the world and specializes in securities class
action lawsuits and shareholder rights litigation.
This press release may
be considered Attorney Advertising in some jurisdictions under the applicable
law and rules of ethics.
CONTACT:
The Schall
Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
SOURCE:
The Schall Law Firm
