Class Action Reports

BZ Class Action: Learn About the Kanzhun Lawsuit

Levi & Korsinsky, LLP

July 14, 2021

Levi & Korsinsky, LLP announces that a BZ class action lawsuit has been filed on behalf of investors who purchased Kanzhun Limited (BZ) securities between June 11, 2021, and July 2, 2021. For more on the BZ Lawsuit please contact us today.

 

According to the Kanzhun lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  (1) Kanzhun would face an imminent cybersecurity review by the CAC; (2) the CAC would require Kanzhun to suspend new user registration on its BOSS Zhipin app; (3) Kanzhun needed to “to conduct a comprehensive examination of cybersecurity risks”; (4) Kanzhun needed to “enhance its cybersecurity awareness and technology capabilities”; and (5) as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

 

TO LEARN MORE ABOUT THE BZ CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Kanzhun you have until September 10, 2021, 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.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com