GigaCloud Technology
GCT
ATLANTA, GA – (Globe Newswire – May 22, 2024) – – Holzer & Holzer, LLC is investigating whether GigaCloud Technology Inc. (“GigaCloud” or the “Company”) (NASDAQ: GCT) complied with federal securities laws. On May 22, 2024, Grizzly Research published a report alleging that GigaCloud “operates a complex web of undisclosed related party shell companies it uses to transact with itself and exaggerate marketplace growth.” Following this news, the price of the Company’s stock dropped.
If you purchased GigaCloud stock and suffered a loss on that investment, you are encouraged to contact Corey Holzer, Esq. at cholzer@holzerlaw.com or Joshua Karr, Esq. at jkarr@holzerlaw.com, call our toll-free number at (888) 508-6832, or visit our website at www.holzerlaw.com/case/gigacloud-technology/ to discuss your legal rights.
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