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Class Action Lawsuit Filed Against Instacart for Failure to Disclose Competition
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Investors are reminded of a class action lawsuit filed against Instacart, alleging that the company failed to disclose competition from DoorDash and Uber Technologies. Shareholders have until March 25, 2024, to act as lead plaintiffs.
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How might this class action lawsuit affect investor confidence in Instacart?
What are the potential consequences for Instacart if the allegations are proven true?
What steps can Instacart take to address concerns about competition?
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