BLCT BREAKING INVESTOR ALERT: ROSEN, A GLOBALLY RECOGNIZED FIRM, Encourages BlueCity Holdings Limited Investors with Losses to Inquire About Class Action Investigation – BLCT

Business Wire2021-07-08

NEW YORK, July 07, 2021--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of BlueCity ...

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Bryan_Wang
2021-07-08
Bryan_Wang
完全没说明虚假陈述了什么，这些律师真的就是吸血鬼

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The Rosen Law firm is preparing a class action seeking recovery of investor losses.\nWHAT TO DO NEXT: To join the prospective class action, go to http://www.rosenlegal.com/cases-register-2092.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.\nWHAT IS THIS ABOUT: On or about July 8, 2020, BlueCity conducted its initial public offering (\"IPO\"), issuing 5,300,000 American Depositary Shares (\"ADSs\") priced at $16.00 per ADS. Then, on March 23, 2021, BlueCity issued a press release announcing its results for the fourth quarter of 2020. Among other results, BlueCity announced revenue of $42.7 million, missing consensus estimates by $3.92 million.\nOn this news, BlueCity’s ADS price fell $2.15 per ADS, or over 25%, over the following two trading sessions, to close at $8.92 per ADS on March 24, 2021. BlueCity’s ADSs now trade below $8.00 per ADS, less than half of the $16.00 IPO price.\nWHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.\nFollow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.\nAttorney Advertising. Prior results do not guarantee a similar outcome.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210707005785/en/\nContacts\nLaurence Rosen, Esq.Phillip Kim, Esq.The Rosen Law Firm, P.A.275 Madison Avenue, 40th FloorNew York, NY 10016Tel: (212) 686-1060Toll Free: (866) 767-3653Fax: (212) 202-3827lrosen@rosenlegal.com pkim@rosenlegal.com cases@rosenlegal.com www.rosenlegal.com","kind":null,"is_publish_news":false,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":143917272,"gmtCreate":1625755482596,"gmtModify":1633937633221,"author":{"id":"3559854445473552","authorId":"3559854445473552","name":"Bryan_Wang","avatar":"https://static.tigerbbs.com/39f211d76505cc7e195bd3ab9e0337ca","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"完全没说明虚假陈述了什么，这些律师真的就是吸血鬼","listText":"完全没说明虚假陈述了什么，这些律师真的就是吸血鬼","text":"完全没说明虚假陈述了什么，这些律师真的就是吸血鬼","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/143917272","repostId":2149255315,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":1,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.25.1","shortVersion":"4.25.1","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2149255315"}