Shareholders Foundation, Inc.

NASDAQ:GDRX Shareholder Notice: Deadline on February 16, 2020 in Lawsuit Against GoodRx Holdings, Inc.

A Deadline is coming up on February 16, 2020in the lawsuit for certain investors in GoodRx Holdings, Inc. (NASDAQ:GDRX).

 

San Diego, CA -- (SBWIRE) -- 02/10/2021 -- A deadline is coming up on February 16, 2020 in the lawsuit filed for certain investors of GoodRx Holdings, Inc. (NASDAQ: GDRX).

Investors who purchased shares of GoodRx Holdings, Inc. (NASDAQ: GDRX) have certain options and there are strict and short deadlines running. Deadline: February 16, 2020. NASDAQ: GDRX stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The plaintiff alleges on behalf of purchasers of GoodRx Holdings, Inc. (NASDAQ: GDRX) common shares between September 23, 2020 and November 16, 2020, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that, at the time of the IPO, unbeknownst to investors, Amazon.com, Inc. ("Amazon") was developing and would soon introduce its own online and mobile prescription medication ordering and fulfillment service that would directly compete with GoodRx. Defendants timed the IPO so that it was priced before Amazon announced its online pharmaceutical business to facilitate the IPO and create artificial demand for the common shares sold therein, as well to maximize the amount of money the Company and the selling stockholders could raise in the IPO. Given defendants' knowledge of Amazon's intention to enter the online pharmaceutical business, their statements in the Registration Statement and during the Class Period about GoodRx's competitive position were materially false and/or misleading when made and caused GoodRx Class A common stock to trade at artificially inflated prices of more than $64 per share between September 23, 2020 and November 16, 2020.

Those who purchased shares of GoodRx Holdings, Inc. (NASDAQ: GDRX) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.