Blue Apron hit with class action lawsuit from shareholders



Blue Apron just can’t catch a break. The cooking kit company has seen its share price nearly cut in half since its late June IPO and now it could be in legal trouble, too.

Now law firms are coming after the company with proposed class-action lawsuits, alleging that Blue Apron failed to adequately disclose material information.

There are allegations that Blue Apron misrepresented its challenges with customer retention, delayed orders and reduced ad spend. Here’s how one law firm…

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