Didi Global Inc. F/K/A Xiaoju Kuaizhi Inc. Class Action Lawsuit - DIDI

Company
Didi Global Inc. F/K/A Xiaoju Kuaizhi Inc. (NYSE: DIDI)
Lead Plaintiff Deadline
September 7, 2021 (Expired)
Class Definition
: (a) American Depositary Shares pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company’s June 2021 initial public offering; and/or (b) securities between June 30, 2021 and July 21, 2021, inclusive

Expired

Lead Plaintiff Deadline

Sep 7, 2021

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Allegations

(1) DiDi’s apps did not comply with applicable laws and regulations governing privacy protection and the collection of personal information; (2) as a result, the Company was reasonably likely to incur scrutiny from the Cyberspace Administration of China; (3) the CAC had already warned DiDi to delay its IPO to conduct a self-examination of its network security; (4) as a result of the foregoing, DiDi’s apps were reasonably likely to be taken down from app stores in China, which would have an adverse effect on its financial results and operations; and (5) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

Eligibility

In order to be eligible to join the DIDI class action lawsuit, you must have incurred a loss on shares of Didi Global purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in Didi Global during the relevant time frame, you have until September 7, 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.

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