U.S. Markets closed

EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Netshoes (Cayman) Limited

NEW YORK--(BUSINESS WIRE)--

Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Netshoes (Cayman) Limited (NETS) resulting from allegations that Netshoes may have issued materially misleading business information to the investing public.

The investigation concerns whether Netshoes’ filings with the U.S. Securities and Exchange Commission (the “SEC”) made in connection with its April 12, 2017 initial public offering (the “IPO”) contained untrue statements of material fact or omitted material information. The price of Netshoes securities is down over 87% from its IPO price of $18, thereby injuring investors.

Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Netshoes investors. If you purchased shares of Netshoes please visit the firm’s website at http://www.rosenlegal.com/cases-1401.html to join the class action. You may also contact Phillip Kim or Zachary Halper of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or zhalper@rosenlegal.com

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013.

Attorney Advertising. Prior results do not guarantee a similar outcome.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180821005534/en/