Maison Solutions Inc. Securities Lawsuit Investigation

Shamis & Gentile P.A., a law firm that advocates for investors who are victims of securities fraud, is investigating potential claims against Maison Solutions Inc. (MSS)

If you purchased or acquired Maison Solutions Inc. shares in or shortly after its IPO, you may be able to seek corporate reforms, the return of funds back to the company, and a court approved incentive award for you, all at absolutely no cost.

About Maison Solutions

Maison Solutions is a supermarket and grocery company incorporated in Delaware and headquartered in California. The company operates a network of Asian-oriented supermarkets serving communities across Southern California.

Maison Solutions completed its initial public offering (IPO) on October 5, 2023, at $4.00 per share, listing its common stock on the NASDAQ under the ticker MSS.

What's Being Investigated

Lawyers are investigating whether Maison Solutions may have made materially misleading statements or omissions in connection with its IPO and subsequent disclosures. The investigation focuses on the accuracy of the company’s registration materials, related-party relationships, and internal controls.

According to a class action complaint, Maison Solutions’ registration statement and public filings allegedly failed to disclose related-party dealings with a key vendor and conflicts of interest involving the company’s leadership and business partners.

Key Timeline

• October 5, 2023: Maison Solutions completes its IPO at $4.00 per share. Investors allege the Company’s registration materials omitted key related-party information.
• October 6, 2023: Start of the period under review cited in court filings. Investors allege Maison’s statements during this period misrepresented its business relationships and governance controls.
• December 15, 2023: A research report raises questions about related-party dealings and corporate governance, coinciding with a sharp stock decline. Investors allege the report revealed facts that should have been disclosed in the IPO documents.
• January 4, 2024: A securities class action lawsuit is filed against Maison Solutions.

Your Rights and Next Steps

This is an active investigation into potential breaches of fiduciary duty and oversight failures at Maison Solutions Inc. Shareholders who have continuously held Maison Solutions (MSS) shares since shortly after the company’s October 2023 IPO may have important rights.

Potential next steps may include:

• Requesting company records under Delaware law to investigate potential wrongdoing.
• Submitting a written demand asking the board to pursue claims against responsible directors or officers.
• Seeking corporate governance reforms and the return of funds back to the Company.

Taking timely action helps preserve your ability to strengthen corporate accountability and pursue reforms at Maison Solutions.

What Shareholders Can Do

Securities investigations are time-sensitive. If you purchased Maison Solutions (MSS) shares on or shortly after its October 2023 IPO and continue to hold your shares today, you may be able to seek corporate reforms, the return of money back to the company, and a court-approved incentive award at no cost to you whatsoever.

To protect your rights and participate in any potential recovery or governance reforms, complete the form below to join the investigation.