NEW YORK (Legal Newsline) – A stock holder in a meal kit delivery service company alleges he was damaged when share prices fell in August.

David Speiser filed a complaint on behalf of all others similarly situated on Aug. 25 in the U.S. District Court for the Southern District of New York against Blue Apron Holdings Inc. and others, citing the Securities Act of 1933 and the Securities Exchange Act of 1934.

According to the complaint, the plaintiff alleges that the defendants released false and misleading registration statement and prospectus in connection with its initial public offering in June.

The plaintiff holds Blue Apron Holdings Inc. and other defendants responsible because he was allegedly damaged when the defendants announced in August that it had encountered delays with a new factory in New Jersey, which caused share prices to fall.

The plaintiff requests a trial by jury and seeks payment of damages, interest, all legal fees and any other relief as the court deems just. He is represented by Jeremy A. Lieberman and J. Alexander Hood II of Pomerantz LLP in New York, New York and Patrick V. Dahlstrom of Pomerantz LLP in Chicago.

U.S. District Court for the Southern District of New York case number 1:17-cv-06517-LLS

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U.S. District Court for the Southern District of New York
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