BLCT ALERT: Investors With Substantial Losses Have Opportunity to Lead the BlueCity Holdings Limited Class Action Lawsuit
SAN DIEGO, July 20, 2021 /PRNewswire/ -- The BlueCity Holdings Limited class action lawsuit charges BlueCity Holdings Limited (NASDAQ: BLCT), certain of its top executives, the underwriters of BlueCity's July 8, 2020 initial public offering ("IPO"), and others with violations of the Securities Act of 1933. Filed in the Eastern District of New York on July 19, 2021 and captioned Jiang v. BlueCity Holdings Limited, No. 21-cv-04044, the BlueCity class action lawsuit seeks to represent purchasers of BlueCity American Depositary Shares ("ADSs") pursuant and/or traceable to the offering documents issued in connection with BlueCity's IPO.
- If you suffered substantial losses and wish to serve as lead plaintiff of the BlueCityclass action lawsuit, please provide your information by clicking here .
- A lead plaintiff acts on behalf of all other class members in directing the BlueCity class action lawsuit.
- The lead plaintiff can select a law firm of its choice to litigate the BlueCity class action lawsuit.
- An investor's ability to share in any potential future recovery of the BlueCity class action lawsuit is not dependent upon serving as lead plaintiff.