NEW YORK, Nov. 14, 2022 /PRNewswire/ -- Attention Olo Inc. ("Olo") (NYSE: OLO) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors. This lawsuit is on behalf of all persons and entities that purchased shares of Olo's Class A common stock between August 11, 2021 and August 11, 2022.
If you suffered a loss on your investment in Olo, contact us about potential recovery by using the link below. There is no cost or obligation to you.
https://www.wongesq.com/pslra-1/olo-inc-lawsuit-loss-submission-form?prid=33587&wire=4
ABOUT THE ACTION: The class action against Olo includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (1) Subway was ending its contract with Olo; (2) Olo's key business metric – active locations – could not continue to grow as defendants touted due to the loss of Subway's business; and (3) as a result of the above, defendants' statements about Olo's business, operations, and prospects were false and misleading and/or lacked a reasonable basis.
DEADLINE: November 28, 2022
Aggrieved Olo investors only have until November 28, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
View original content:https://www.prnewswire.com/news-releases/class-action-alert-the-law-offices-of-vincent-wong-remind-olo-investors-of-a-lead-plaintiff-deadline-of-november-28-2022-301675945.html
SOURCE The Law Offices of Vincent Wong
