Shareholder Alert: Robbins Arroyo LLP Is Investigating the Officers and Directors of Grubhub, Inc. (GRUB) on Behalf of Shareholders

Business Wire 6-Aug-2019 6:49 PM

Shareholder rights law firm Robbins Arroyo LLP is investigating whether certain officers and directors of Grubhub, Inc. (NYSE:GRUB) violated federal securities law. Grubhub provides an online and mobile platform for restaurant pickup and delivery orders in the United States.

If you suffered a loss as a result of Grubhub's misconduct, click here.

Grubhub Accused of Unlawful Business Practices

On July 15, 2019, The New Food Economy reported that Grubhub registered more than 20,000 web domains, many matching the names of its restaurant customers without their permission. Another claim against the company alleges Grubhub charges erroneous fees to restaurants from phone orders generated through websites it operates. The Small Business Association is investigating these complaints and New York Senator Chuck Schumer recently demanded that Grubhub change its practices or he would seek the aid of the Federal Trade Commission. This press conference followed similar calls from New York City Council's Mark Gjonaj who asked New York Attorney General Letitia James to launch an antitrust investigation into the company.

Grubhub, Inc. (GRUB) Shareholders Have Legal Options

Contact us to learn more: Leo Kandinov (800) 350-6003 LKandinov@robbinsarroyo.com Shareholder Information Form

Robbins Arroyo LLP is a nationally recognized leader in shareholder rights law. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested. Click Here to receive free alerts from Stock Watch when companies engage in wrongdoing.

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