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The filed complaint alleges that HelloFresh SE made materially false and/or misleading statements and/or failed to disclose that: HelloFresh is the subject of an ABC News report published on December 6, 2024, titled: "Labor Department investigating migrant child labor claims at HelloFresh." According to the report, "The U.S. Department of Labor is investigating HelloFresh, the popular meal kit service company, over allegations that migrant children were working at its cooking and packaging facility in Illinois as recently as this summer, ABC News has learned." ABC added, "At least six teenagers, at least some of whom migrated from Guatemala, were found working night shifts at the facility, said Cristobal Cavazos, the executive director for Immigrant Solidarity, an immigrant rights advocacy group that helped report the matter to federal regulators." The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
In order to be eligible to join the HLFFF class action lawsuit, you must have incurred a loss on shares of HelloFresh SE purchased during the class period listed above.
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