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NEW YORK, October 7, 2021 / PRNewswire / –
WHY: Rosen Law Firm, a global investor rights law firm, announces investigation of potential securities claims on behalf of shareholders of Ginkgo Bioworks Holdings, Inc. (NYSE: DNA) resulting from allegations that Ginkgo may have provided misleading marketing information to the investing public.
SO WHAT: If you have purchased securities of Ginkgo, you may be entitled to compensation without payment of any fees or charges under a contingency fee agreement. Rosen law firm is preparing a class action lawsuit to recover investors’ losses.
WHAT TO DO NEXT: To join the possible class action, go to http://www.rosenlegal.com/cases-register-2172.html or call Phillip Kim, Esq. toll free at 866-767-3653 or by email [email protected] Where [email protected] for more information on the class action.
WHAT DOES IT TALK ABOUT: At October 6, 2021, the Scorpion Capital market researcher published a report alleging that Ginkgo Bioworks Holdings is a “colossal scam”. The 175-page report alleges that Ginkgo Bioworks’ business model is a “shell game” and that the company is heavily dependent on revenues from related party transactions. The report accuses the company of being a “Frankenstein mash-up of the worst frauds of the past 20 years.”
Ginkgo Bioworks Holdings went public through a SPAC transaction with blank check company Soaring Eagle Acquisition Corporation in September 2021.
Ginkgo Bioworks shares up to 20% on intraday trading after the report is released.
WHY THE ROSEN LAW: We encourage investors to select qualified advisors with a track record of success in leadership roles. Often, companies issuing reviews do not have significant experience, resources or recognition by their peers. Be wise in choosing a lawyer. Rosen law firm represents investors around the world, focusing its practice on class actions in securities and derivative litigation between shareholders. Rosen law firm has secured the largest securities class action settlement against a Chinese company. Rosen law firm was ranked # 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017. The firm has been ranked in the top 4 every year since 2013 and has recovered hundreds millions of dollars for investors. In 2019 alone, the company achieved more than $ 438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as Titan of the Plaintiff’s Bar. Many of the firm’s lawyers have been recognized by Lawdragon and Super Lawyers.
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Contact details:
Laurence Rosen, Esq.
Phillip Kim, Esq.
Rosen Law Firm, Pennsylvania
275 Madison Avenue, 40th Floor
New York, New York State 10016
Phone. : (212) 686-1060
Toll free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
[email protected]
[email protected]
www.rosenlegal.com
SOURCE Rosen Law Firm, Pennsylvania
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