DOUYU FINAL DEADLINE: ROSEN, FIRST FILING AND TOP RANKED LAW FIRM, Reminds DouYu International Holdings Limited Investors of Important MAY 26 Deadline Securities Class Action Seeking Investor Losses - DOYU
NEW YORK, NY / ACCESSWIRE / May 23, 2020 / Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of DouYu International Holdings Limited (DOYU) pursuant and/or traceable to DouYu's July 16, 2019 initial public offering (the "IPO" or the "Offering") of the important May 26, 2020 lead plaintiff deadline in the first filed federal securities class action commenced by the firm. The lawsuit seeks to recover damages for DouYu investors under the federal securities laws.
To join the DouYu class action, go to http://www.rosenlegal.com/cases-register-1810.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email email@example.com or firstname.lastname@example.org for information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR'S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.
According to the lawsuit, the Registration Statement contained false and/or misleading statements and/or failed to disclose that: (1) DouYu's risks related to its top streamers had materialized, including that: (a) a top streamer was actively misrepresenting herself on DouYu's platform; and (b) the costs associated with retaining top streamers was swelling; (2) DouYu did not ensure that all of its products were fully compliant with current regulatory requirements before ...
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