Securities Litigation Partner James (Josh) Wilson
Encourages Investors Who Suffered Losses Exceeding $100,000 In Agrify To
Contact Him Directly To Discuss Their Options
NEW YORK -
(NewMediaWire) - February 04, 2022 - Faruqi & Faruqi, LLP, a
leading national securities law firm, is investigating potential claims against
Agrify Corporation (“Agrify” or the “Company”) (NASDAQ: AGFY).
If
you suffered losses exceeding $100,000 investing in Agrify stock or options and would like to
discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click
here for additional information: www.faruqilaw.com/AGFY.
There
is no cost or obligation to you.
Faruqi & Faruqi is a leading minority
and Woman-owned national securities law firm with offices in New York,
Pennsylvania, California and Georgia.
On December 16, 2021, during trading hours, market analyst Bonitas Research
published a report regarding Agrify which alleges several issues at the Company
including that “[w]e believe that Agrify created artificial demand for its
product by financing undisclosed Company insiders to act as independent
customers.” Further the report alleges that “Agrify insiders lied to investors
about the independence of its customer base in order to execute a dubious stock
promotion for self-enrichment at the expense of minority shareholders[,]” and
that “[e]vidence showed that five (5) of Agrify’s eight (8) customer
announcements in 2021 are either with undisclosed Company insiders or with
unlicensed unproven operators.”
On this news, Agrify’s common stock price fell sharply during intraday
trading on December 16, 2021.
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.
View the original release on www.newmediawire.com