Maison Solutions (MSS) Shareholder Investigation

Shamis & Gentile, P.A. is investigating potential shareholder action claims on behalf of shareholders of Maison Solutions Inc. (“Maison Solutions” or the “Company”) (MSS). Concerned shareholders are advised to contact the firm now.

The law firm is investigating whether Maison Solutions' board of directors and senior officers breached their fiduciary duties by failing to maintain adequate internal controls, disclosure procedures, and oversight systems.

On January 4, 2024, a securities class action lawsuit was filed alleging that Maison Solutions and certain of its officers made materially false and/or misleading statements in connection with the Company’s October 2023 initial public offering. The complaint alleges that in the Registration Statement and throughout the Class Period (October 5, 2023 through December 15, 2023), Maison, through certain of its officers, made materially false and/or misleading statements, including failing to disclose to investors: (1) that the Company’s vendor XHJC Holdings Inc., is a related party; (2) that the Company’s CEO and related entities were alleged to have used supermarkets as a front to defraud the EB-5 visa program; and (3) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

If you purchased Maison Solutions (NASDAQ: MSS) on or shortly after its October 5, 2023 IPO and still hold shares today, you may be able to seek corporate reforms, the return of funds back to the Company, and a court approved incentive award at no cost to you whatsoever.

Shamis & Gentile, P.A. stands out as an advocate for shareholders seeking corporate accountability and governance reforms. The firm is committed to pursuing shareholder actions that benefit companies and their shareholders by recovering damages and implementing meaningful corporate governance improvements. Shamis & Gentile has recovered over $1 billion for consumers nationwide. Its extensive experience, expertise and resources enable the firm to resolve disputes in a wide range of matters, including shareholder actions, class actions and complex commercial litigation.

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