Miniso

MNSO

ATLANTA, GA – – (September 8, 2022) – – Holzer & Holzer, LLC informs investors that a class action lawsuit was filed against MINISO Group Holding Limited (“MINISO” or the “Company”) (NYSE: MNSO).  The lawsuit alleges MINISO’s Registration Statement contained materially false and misleading statements and/or failed to disclose: (1) Defendants and other undisclosed related parties owned and controlled a much larger amount of MINISO stores than previously stated; (2) MINISO concealed its true costs; (3) the Company did not represent its true business model; (4) Defendants, including the Company and its Chairman, engaged in unusual and unclear transactions; (5) consequently, the Company is at risk of breaching contracts with Chinese authorities; and (6) the Company would imminently and drastically drop its franchise fees.

 

If you bought shares of MINISO and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey Holzer, Esq. at cholzer@holzerlaw.com or Joshua Karr, Esq. at jkarr@holzerlaw.com, by toll-free telephone at (888) 508-6832 or you may visit the firm’s website at www.holzerlaw.com to learn more.

 

The deadline to ask the court to be appointed lead plaintiff in the case is October 17, 2022.

Registration Deadline

Lead Plaintiff Deadline Has Passed

October 17, 2022

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