Investigation Launched by Pomerantz LLP Regarding Gorilla Technology Group Inc
New York, NY – April 1, 2025 – Pomerantz LLP, a leading securities law firm, is investigating potential claims on behalf of investors of Gorilla Technology Group Inc (“Gorilla” or the “Company”) (NASDAQ:GRRR). The investigation concerns alleged securities laws violations.
Background
Gorilla Technology Group Inc is a technology company specializing in artificial intelligence and machine learning solutions. The Company went public through an Initial Public Offering (IPO) in 2022, raising over $100 million. Since then, Gorilla’s stock price has seen significant volatility, with shares trading between $15 and $35.
Investigation Details
Pomerantz LLP is investigating potential claims on behalf of investors concerning possible violations of the Securities Act of 1933 and the Securities Exchange Act of 1934. The investigation focuses on whether the Company and certain of its executives and directors made false and/or misleading statements and/or failed to disclose material information in connection with the IPO and throughout the Class Period, which began on the date of the IPO and ended on February 28, 2025.
Impact on Individual Investors
If you are a shareholder who purchased Gorilla’s securities between the IPO date and February 28, 2025, you may be entitled to recover your loss. Investors are encouraged to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 122 for more information.
- Losses in excess of $100,000: You may receive a check from the class action settlement fund.
- Losses under $100,000: You may be eligible to share in a portion of the recovery.
Impact on the World
The investigation and potential securities fraud claims against Gorilla Technology Group Inc could have far-reaching implications for the technology industry and the broader financial markets. If the allegations are proven true, it could lead to increased scrutiny of other technology companies, particularly those in the artificial intelligence and machine learning sectors.
Conclusion
The investigation launched by Pomerantz LLP regarding Gorilla Technology Group Inc is significant for both individual investors and the broader financial markets. If the allegations are proven true, it could lead to substantial losses for investors and increased scrutiny of the technology industry. Shareholders who purchased Gorilla’s securities between the IPO date and February 28, 2025, are encouraged to contact Pomerantz LLP for more information about their potential recovery options.
