Glancy Prongay & Murray LLP Announces Investigation on Behalf of Opera Limited Investors
LOS ANGELES--(BUSINESS WIRE)--Jan 16, 2020--
Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of Opera Limited (“Opera” or the “Company”) (NASDAQ: OPRA ) investors concerning the Company and its officers’ possible violations of federal securities laws.
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On January 16, 2020, Hindenburg Research published a report alleging, among other things, that “Opera’s apps are now in black and white violation of numerous Google [Play Store] rules” on predatory, short-term lending, and misleading apps and that Opera had spent $9.5 million to purchase a business already funded and operated by Opera.
On this news, the Company’s share price fell sharply during intraday trading, thereby injuring investors.
If you purchased Opera securities, have information, or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Charles H. Linehan, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, CA 90067 at 310-201-9150, Toll-Free at 888-773-9224, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number, and the number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com:https://www.businesswire.com/news/home/20200116005818/en/
CONTACT: Glancy Prongay & Murray LLP, Los Angeles
Charles H. Linehan, 310-201-9150 or 888-773-9224
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: LEGAL PROFESSIONAL SERVICES
SOURCE: Glancy Prongay & Murray LLP
Copyright Business Wire 2020.
PUB: 01/16/2020 06:00 PM/DISC: 01/16/2020 06:01 PM