{"id":26733,"date":"2022-04-19T16:11:16","date_gmt":"2022-04-19T21:11:16","guid":{"rendered":"https:\/\/www.investorlawyers.com\/blog\/?p=26733"},"modified":"2022-04-21T16:11:22","modified_gmt":"2022-04-21T21:11:22","slug":"grab-holdings-investor-losses","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/grab-holdings-investor-losses\/","title":{"rendered":"SSEK Law Firm Investigates Claims of Investor Losses Involving Grab Holdings, Ltd."},"content":{"rendered":"

Investors Involved in Biggest SPAC Merger File Class Action Securities Lawsuit<\/span><\/h2>\n

Shepherd Smith Edwards and Kantas (SSEK Law Firm at investorlawyers.com) is looking into claims of losses by investors of Grab Holdings, Ltd. (NASDAQ: GRAB). This firm became a public entity on December 1, 2021, via the largest <\/span>Special Purpose Acquisition Company (SPAC) <\/span><\/a>merger to date with Altimeter Growth Corp. The latter is a blank-check firm run by Altimeter Capital CEO and founder Brad Gerstner.\u00a0\u00a0<\/span><\/p>\n

Grab Holdings, the largest ride-hailing, and delivery company in Southeast Asia has experienced the opposite of growth. Its shares plunged over 20% from $13.06\/share to $8.75 at the end of the first day of trading. On March 3, 2022, Grab announced that fourth-quarter revenues saw a 44% drop from the third quarter. That\u2019s a $1.1B loss.\u00a0<\/span><\/p>\n

Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

Investors Involved in Biggest SPAC Merger File Class Action Securities Lawsuit Shepherd Smith Edwards and Kantas (SSEK Law Firm at investorlawyers.com) is looking into claims of losses by investors of Grab Holdings, Ltd. (NASDAQ: GRAB). This firm became a public entity on December 1, 2021, via the largest Special Purpose Acquisition Company (SPAC) merger to […]<\/p>\n","protected":false},"author":2,"featured_media":26734,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[4731],"tags":[4732,4534,4533],"class_list":["post-26733","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-grab-holdings","tag-grab-holdings","tag-spacs","tag-special-purpose-acquisition-companies"],"yoast_head":"\nGrab Holdings Losses Claims Being Investigated<\/title>\n<meta name=\"description\" content=\"SSEK Law Firm is investigating claims that investors in Grab Holdings suffered huge losses due to misrepresentation and omissions.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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