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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Gorilla Technology Group, Inc. - GRRR

1. Gorilla Technology Group is under investigation for potential securities fraud. 2. The Bear Cave highlighted red flags including AI pivot and financial reporting issues. 3. Gorilla's stock fell 32.21% following revelations of possible misconduct. 4. Pomerantz LLP, a leading litigation firm, is leading the investor claims. 5. Investors are encouraged to join class action against Gorilla's management.

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FAQ

Why Very Bearish?

The investigation and stock drop signal loss of investor confidence. This has historical precedence; companies facing similar accusations often see sustained drops.

How important is it?

The article centers on serious allegations directly impacting GRRR's credibility and stock price.

Why Short Term?

Immediate fears of fraud can lead to quick sell-offs, as seen with other tech firms. However, resolutions can restore confidence.

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NEW YORK, April 21, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of  Gorilla Technology Group, Inc. (“Gorilla” or the “Company”) (NASDAQ: GRRR).  Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Gorilla and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] On March 6, 2025, The Bear Cave published a short report identifying purported “red flags” at Gorilla, including an aggressive pivot to AI technology, unconventional partnerships and controls over financial reporting, asserting that “[t]he exact details of Gorilla’s business and partnerships are a little fuzzy.” On this news, Gorilla’s stock price fell $13.50 per share, or 32.21%, over the following two trading sessions, to close at $28.41 per share on March 7, 2025. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT:Danielle PeytonPomerantz LLPdpeyton@pomlaw.com646-581-9980 ext. 7980

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