Time will tell what the recent uptick in buying/SP is all about. Not the too sure when the next results announcement is due, but should provide context.
Without labouring the point, this is the basis for the CA - please see https://phifinneymcdonald.com/projects/
The class action alleges that:
- during the claim period, GetSwift contravened its continuous disclosure obligations by failing to disclose to the market the termination of material enterprise agreements/partnerships;
- during the claim period, GetSwift engaged in misleading or deceptive conduct by omitting material information from announcements to the market about enterprise agreements/partnerships;
- GetSwift’s conduct caused its share price to trade at a price substantially higher than the trading price that would have prevailed in a properly informed market; and
- persons who acquired GetSwift’s shares during the claim period have suffered a loss by acquiring the shares at an inflated price.
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Amended Class-Action, page-2
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