SAN DIEGO, July 17, 2017 /PRNewswire/ -- Johnson & Weaver, LLP, is investigating potential violations of federal and state laws by certain officers and directors of Blue Apron Holdings, Inc. (NYSE: APRN) ("Blue Apron"). Blue Apron operates an e-commerce marketplace that delivers original recipes and fresh ingredients for making home cooking accessible.
On June 29, 2017, Blue Apron sold 30 million shares of stock in its initial public stock offering (the "IPO"), raising $300.0 million in new capital. However, since the IPO, Blue Apron's stock has plummeted, in mid-day trading on July 17, 2017, the stock traded at $6.51.
Specifically, Johnson & Weaver's investigation seeks to determine whether certain statements regarding the Company's business operations and financial prospects were not as strong as represented in the Registration Statement
If you are a Blue Apron shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker (email@example.com) at 619-814-4471. If you email, please include your phone number.
About Johnson & Weaver, LLP:
Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.
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SOURCE Johnson & Weaver, LLP