ATLANTA, GA / ACCESSWIRE / May 9, 2022 / Holzer & Holzer, LLC is investigating whether Singularity Future Technology Ltd. ("Singularity" or the "Company") (NASDAQ:SGLY) complied with federal securities laws. On May 5, 2022, Hindenburg Research published a report alleging that "Singularity is an extremely obvious total scam, with no actual business operations." The report further alleges that "Singularity's massive [cryptocurrency] mining rig deal appears to be a brazen undisclosed related party deal"…"We see little evidence that Singularity's ‘proprietary' crypto mining rigs ever existed in the first place. The photos and descriptions of Singularity's miners match precisely with another brand called KOI Miner." Following this report, the Company's stock price dropped.
If you purchased Singularity stock and suffered a loss on that investment, you are encouraged to contact Corey Holzer, Esq. at [email protected] or Joshua Karr, Esq. at [email protected], call our toll-free number at (888) 508-6832, or visit our website at www.holzerlaw.com to discuss your legal rights.
Holzer & Holzer, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.
CONTACT:
Corey Holzer, Esq.
(888) 508-6832 (toll-free)
[email protected]
SOURCE: Holzer & Holzer