Core Viewpoint - Grabar Law Office is investigating claims on behalf of shareholders of Maison Solutions Inc. due to a securities fraud class action that has survived a motion to dismiss and is currently stayed pending settlement efforts [1][2]. Group 1: Legal Proceedings - The underlying securities fraud class action complaint against Maison Solutions Inc. alleges that certain officers and directors breached their fiduciary duties [1]. - Key allegations include that Maison made materially false and misleading statements in its Registration Statement and throughout the Class Period (October 5, 2023, to December 15, 2023) [2]. - The court has ordered a stay in the class action litigation as of October 28, 2025, while the parties attempt to reach a settlement [3]. Group 2: Allegations Against Maison Solutions Inc. - The complaint claims that Maison failed to disclose that its vendor, XHJC Holdings Inc., is a related party [2]. - It is alleged that the CEO and related entities used supermarkets as a front to defraud the EB-5 visa program [2]. - As a result of these issues, the positive statements made by the defendants regarding the company's business and prospects were materially misleading [2]. Group 3: Shareholder Actions - Current shareholders who purchased shares on or shortly after the October 5, 2023 IPO may seek corporate reforms, return of funds to the company, and a court-approved incentive award at no cost [2][4]. - Shareholders are encouraged to contact Grabar Law Office for more information regarding their potential claims [4].
Grabar Law Office Investigates Claims on Behalf of Shareholders of Maison Solutions Inc. (NASDAQ: MSS) as Securities Fraud Class Action Survives Motion to Dismiss and Approaches Settlement