NASDAQ:GRAB Long Term Investor Notice: Investigation of Potential Wrongdoing at Grab Holdings Limited

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An investigation on behalf of current long term investors in Grab Holdings Limited (NASDAQ:GRAB) shares over possible breaches of fiduciary duty by certain officers and directors was announced.

San Diego, CA — (SBWIRE) — 06/20/2022 — Certain directors of Grab Holdings Limited are under investigation over potential breaches of fiduciary duties.

Investors who are current long term investors in Grab Holdings Limited (NASDAQ: GRAB) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.

The investigation by a law firm for investors in NASDAQ: GRAB stocks follows a lawsuit filed against Grab Holdings Limited over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: GRAB stocks, concerns whether certain Grab Holdings Limited directors are liable in connection with the allegations made in that lawsuit.

The plaintiff alleges that the Defendants failed to disclose to investors that Grab’s driver supply declined during the third quarter, that, as a result, Grab continued to invest heavily in driver and consumer incentives to “preemptively recalibrate driver supply”, that, as a result, the Company’s financial results would be adversely impacted, including, among other things, a significant decline in revenue, and that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Those who purchased shares of Grab Holdings Limited (NASDAQ: GRAB) have certain options and should contact the Shareholders Foundation.

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

About The Shareholders Foundation
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.

For more information on this press release visit: http://www.sbwire.com/press-releases/nasdaqgrab-long-term-investor-notice-investigation-potential-wrongdoing-1359301.htm

Media Relations Contact

Christopher Clausen
Shareholders Foundation
Telephone: 1-858-779-1554
Email: Click to Email Christopher Clausen
Web: https://www.shareholdersfoundation.com/

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