Haru Invest CEO Apologizes and Assures Transparent Actions in Response to Recent Incident

 

In a letter to Haru Invest members, CEO Hugo Lee prolonged a honest apology for the issues arising from a current incident and acknowledged the necessity for immediate communication. While expressing remorse for any delays in updating prospects, Lee clarified that the main focus was initially on assessing the extent of harm and formulating restoration plans. He emphasised the corporate’s dedication to transparently sharing the present scenario and progress with members by way of steady communication channels.

Haru Invest is actively addressing the scenario as follows:

Pursuing Legal Action: Haru Invest has initiated authorized motion in opposition to B&S Holdings, focusing on allegations of fraud, embezzlement, and associated offenses. Concurrently, the corporate is gathering details to decide the total extent of the injury. Information might be shared with members because the fact-finding course of progresses.

Collaboration with Authorities: Recognizing that a number of customers have taken authorized motion in opposition to the corporate, Haru Invest plans to totally cooperate with the authorities. The firm goals to guarantee swift and correct identification of details and illustration of its place based mostly on the findings.

Lee highlighted that the present precedence is the authorized motion in opposition to B&S Holdings, contemplating the corporate as the foundation reason for the problem. Haru Invest is devoted to establishing factual particulars and recovering damages for its prospects.

To present a timeline of actions and communications, Haru Invest has taken the next steps:

Morning of June 13: Immediate suspension of deposits and withdrawals to reduce the influence on traders.

Evening of June 13: Identification of the problem with a consignment operator, debunking rumors of a “Rug pull.”

Evening of June 14: Announcement of the consignment operator’s title (B&S Holdings) and affirmation of ongoing authorized motion.

Evening of June 16: Disclosure of authorized motion in opposition to B&S Holdings, initiated by way of licensed mail, with subsequent investigation.

Afternoon of June 19: Public notification concerning the present standing of Haru Invest merchandise in gentle of the scenario.

CEO Hugo Lee emphasised full cooperation with the authorities and reassured members that he’s not evading or avoiding the scenario. He expressed his dedication to recouping traders’ losses, acknowledging any inconveniences precipitated throughout the process.

By prioritizing transparency and pursuing authorized motion in opposition to B&S Holdings, Haru Invest is actively working to rectify the scenario and safeguard the pursuits of its prospects underneath the management of CEO Hugo Lee.

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