Investor alert: bronstein, gewirtz & grossman, llc, a successful firm, notifies yatsen holding limited (ysg) investors of class action and encourages investors to actively participate
New york--(business wire)--attorney advertising--bronstein, gewirtz & grossman, llc notifies investors that a class action lawsuit has been filed against yatsen holding limited ("yatsen" or the "company") (nyse: ysg) and certain of its officers, on behalf of all persons and entities that purchased, or otherwise acquired yatsen american depositary receipts ("adrs") (i) pursuant and/or traceable to the company's initial public offering conducted on or about november 19, 2020 (the "ipo"); and/or (ii) between november 19, 2020 and march 10, 2022, both dates inclusive (the "class period"). such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com/ysg. this class action seeks to recover damages against defendants for alleged violations of the federal securities laws. the complaint alleges that throughout the class period, defendants misled investors into believing that yatsen's two largest and historically most significant brands, perfect diary and little ondine, were thriving, thereby driving yatsen's "healthy" top-line growth at the time of its ipo and quarter after quarter thereafter. in truth, however, cosmetic and skincare sales of perfect diary and little ondine products were declining in the period leading up to (and including at the time of) the ipo and continued to decline throughout 2021. a class action lawsuit has already been filed. if you wish to review a copy of the complaint, you can visit the firm’s site: www.bgandg.com/ysg or contact peretz bronstein, esq. or his law clerk and client relations manager, yael nathanson of bronstein, gewirtz & grossman, llc at 212-697-6484. if you suffered a loss in yatsen, you have until november 22, 2022, to request that the court appoint you as lead plaintiff. your ability to share in any recovery doesn't require that you serve as a lead plaintiff. bronstein, gewirtz & grossman, llc represents investors in securities fraud class actions and shareholder derivative suits. the firm has recovered hundreds of millions of dollars for investors nationwide. attorney advertising. prior results do not guarantee similar outcomes.
YSG Ratings Summary
YSG Quant Ranking
You've reached your free article limit.
Want To Read More Articles?
See what it all means for your stocks with premium tools
Stockprices is a weekly video covering what moved markets
this week, featuring a panel of Stockprices editors. It is published by the
close of trading on Fridays. Hosted by Nathaniel E. Baker, contributing editor,
and featuring: Aaron Task, VP Contributor Content and co-host Stockprices's Alpha
Trader podcast; Brad Olesen, VP News; Steve Alpher, Managing Editor News, co-host
Alpha Trader.
Unsubscribe From All
You successfully activated
“Only Essentials”
Confirm Upgrade
Your subscription will be moved to the annual plan. Service will automatically renew unless cancelled. No Refunds. Click upgrade to confirm.
Stockprices uses Plaid to connect you account
Connect effortlessly
Plaid lets you securely connect your financial accounts in seconds
Your data belongs to you
Plaid doesn't sell personal info, and will only use it with your permission