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The filed complaint alleges that Gorilla Technology Group Inc. made materially false and/or misleading statements and/or failed to disclose that: The Bear Cave published a short report on March 6, 2025, identifying purported "red flags" at Gorilla, including an aggressive pivot to AI technology, unconventional partnerships and controls over financial reporting, asserting that "[t]he exact details of Gorilla's business and partnerships are a little fuzzy." Following this news, Gorilla's stock price fell over 32% on March 7, 2025.
In order to be eligible to join the GRRR class action lawsuit, you must have incurred a loss on shares of Gorilla Technology Group Inc. purchased during the class period listed above.
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