CMA accepts class action by female investor against Hamel Al-Misk Business Services Holding, decision 33/L/D1/J/2026

The Capital Market Authority has approved a class action lawsuit filed by a female investor against Hamel Al-Misk Business Services Holding Company. This decision, numbered 33/L/D1/J/2026, was issued on January 6, 1448 AH (June 21, 2026), according to the Capital Market Law. The lawsuit accuses the company of offering shares to the public without adhering to regulatory procedures, which is a violation of Article 31.

Investors who subscribed to Hamel Al-Misk Business Services Holding Company's shares can apply to join the class action within 90 days from the announcement date by visiting the Capital Market Authority's website. This aligns with Article 57 of the Securities Disputes Resolution Regulations, which outlines the process for handling such cases.

The committee responsible for resolving securities disputes will review all applications following the established regulatory procedures. The Capital Market Authority reaffirmed its dedication to safeguarding investors' interests by enforcing the Capital Market Law and its regulations to promote fairness, efficiency, and transparency in securities transactions.

Protecting investors from unfair practices, such as fraud, deception, or manipulation, is a top priority for the Authority. It provides various tools for investors to exercise their rights, streamline procedures, and facilitate litigation to minimize costs and ensure that affected parties receive compensation promptly and efficiently.