Sullivan & Cromwell, Robbins Geller Rudman & Dowd mobilised in the dispute between Jumia and its shareholders
The complaint filed by the shareholders, which was finally withdrawn following an out-of-court settlement in March, accused Jeremy Hodara and Sacha Poignonnec of having “defrauded” investors during the 2019 IPO.
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▪ Sullivan & Cromwell, Robbins Geller Rudman & Dowd mobilised in the dispute between Jumia and its shareholders
▪ The complaint filed by the shareholders, which was finally withdrawn following an out-of-court settlement in March, accused Jeremy Hodara and Sacha Poignonnec of having “defrauded” investors during the 2019 IPO.
▪ https://www.africabusinessplus.com/en/808486/sullivan-cromwell-robbins-geller-rudman-dowd-mobilised-in-the-dispute-between-jumia-and-its-shareholders/
Also in the dock were those banks and financial advisers who invested in the shares of Africa’s largest ecommerce group when it listed on the New York Stock Exchange in May 2019.
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