SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of D-MARKET Elektronik Hizmetler ve Ticaret Anonim irketi a / k / a D-MARKET Electronic Services & Trading d / b / a / Hepsiburada of a Class Action and a principal applicant December 20, 2021
New York, New York – (Newsfile Corp. – October 26, 2021) – The following statement is released by Levi & Korsinsky, LLP:
To: All persons or entities who have purchased or otherwise acquired securities of D-MARKET Elektronik Hizmetler ve Ticaret Anonim irketi a / k / a D-MARKET Electronic Services & Trading d / b / a / Hepsiburada (“Hepsiburada”) (NASDAQ: HEPS) This lawsuit is on behalf of persons and entities who have purchased or otherwise acquired American Hepsiburada Certificates of Deposit (“ADR”) in accordance with and / or traceable to the registration statement and prospectus issued under the first call. to the savings of the Company in July 2021.. You are hereby notified that a securities class action lawsuit has been brought in the United States District Court for the Southern District of New York. For more information, visit:
https://www.zlk.com/pslra-1/d-market-elektronik-hizmetler-ve-ticaret-anonim-irketi-akad-market-electronic-services-trading-dba-hepsiburada-information-request-form? prid = 20703 & fil = 5
or contact Joseph E. Levi, Esq. either by email at [email protected] or by phone at (212) 363-7500. There is no cost or obligation for you.
D-MARKET Elektronik Hizmetler ve Ticaret Anonim irketi a / k / a D-MARKET Electronic Services & Trading d / b / a / Hepsiburada NEWS – HEPS NEWS
CASE DETAILS: According to the complaint filed: (1) Hepsiburada experienced a sharp deceleration in operational growth and sales during the second quarter of 2021; (2) as a result, the Company has launched certain actions to strengthen its competitive position, in particular by investing in the electronic and high frequency categories and by reducing certain categories; (3) due to the above, Hepsiburada’s revenue and gross merchandise value decreased in the second quarter of 2021; and (4) as a result of the foregoing, the Defendants’ positive statements regarding the business, operations and prospects of the Company were substantially misleading and / or lacked reasonable basis.
WHAT THIS MEANS FOR SHAREHOLDERS: If you have suffered a claim in Hepsiburada, you have up to 20 December 2021 request that the Court appoint you as the principal applicant. Your ability to participate in any recovery does not require you to serve as the principal applicant.
NO COT FOR YOU: If you have purchased Hepsiburada securities This legal action is brought on behalf of persons and entities who have purchased or otherwise acquired US Hepsiburada Certificates of Deposit (“ADR”) in accordance with and / or traceable to the registration statement and to the prospectus issued as part of the Company’s initial public offering in July 2021., you may be entitled to compensation without payment of fees or charges.
PROTECT YOUR FINANCIAL INTERESTS: Fill out this brief submission form https://www.zlk.com/pslra-1/d-market-elektronik-hizmetler-ve-ticaret-anonim-irketi-akad-market-electronic-services-trading-dba-hepsiburada- information -request-form? prid = 20703 & wire = 5 or call 212-363-7500 to discuss the case with Joseph E. Levi, Esq.
WHY LEVI & KORSINSKY: Levi & Korsinsky have a proven track record of winning cases worth hundreds of millions of dollars to shareholders over a 20-year period. We represent and fight for shareholders who have been wronged by companies.
Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut and Washington, DC The firm’s founding partners, Joseph Levi and Eduard Korsinsky, have represented shareholders and institutional clients since nearly 20 years and have achieved remarkable results for clients in the United States and abroad. The firm, which has more than 80 employees, is committed to fostering, cultivating and preserving a culture of diversity, equity and inclusion for employees and those we represent. Our lawyers have extensive expertise in representing investors in securities litigation with a history of recovering hundreds of millions of dollars in cases. Levi & Korsinsky has been ranked in the Institutional Shareholder Services (“ISS”) SCAS Top 50 report for 7 consecutive years as the best securities litigation firm in the United States. The SCAS Top 50 report identifies the leading plaintiff securities law firms in the country, and year after year ISS has recognized Levi & Korsinsky as a leading firm in the field of securities class actions.
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th floor
New York, New York 10006
Phone. : (212) 363-7500
Fax: (212) 363-7171
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/100980