NEW YORK, July 24, 2017 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at Blue Apron Holdings, Inc. ("Blue Apron" or the "Company") (NYSE: APRN).
The investigation focuses on whether the Company and its executives violated federal securities laws regarding statements made relating to the Company's Initial Public Offering (the "IPO"). Specifically, on June 29, 2017, Blue Apron conducted its IPO, raising approximately $300 million by selling 30 million shares at $10.00 per share.
In less than a month since the Company's IPO, shares of Blue Apron have declined nearly 40% from its IPO price of $10.00, causing harm to investors.
If you invested in Blue Apron stock or options and would like to discuss your legal rights, click here: www.faruqilaw.com/APRN. There is no cost or obligation to you.
You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to [email protected].
CONTACT:
FARUQI & FARUQI, LLP
685 Third Avenue, 26th Floor
New York, NY 10017
Attn: Richard Gonnello, Esq.
[email protected]
Telephone: (877) 247-4292 or (212) 983-9330
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
SOURCE Faruqi & Faruqi, LLP
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