INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Humbl LLC (HMBL) on Behalf of Investors
Law Offices of Howard G. Smith announces an investigation on behalf of Humbl LLC ("Humbl" or the "Company") (OTC: HMBL) investors concerning the Company's possible violations of federal securities laws.
On May 20, 2021, Hindenburg Research published a research report which alleged, among other things, that basic features of Humbl's Pay App were not functioning, and that there was no way to send, receive, and request money between users. Furthermore, the report also stated that many merchants using the Humbl marketplace were not actually using Humbl.
Onthis news, Humbl's stock fell $0.22, or 22.4%, to close at $0.76 on May 20, 2021, thereby injuring investors.
Then, on February 14, 2022, Humbl announced that it was suspending its Exchange Traded Index ("ETX") subscription program.
If you purchased Humbl securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to [email protected], or visit our website at www.howardsmithlaw.com.
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