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Joyy Inc. Loss Submission Form

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Levi & Korsinsky, LLP announces that a YY class action lawsuit has been filed on behalf of investors who purchased Joyy Inc. (YY) securities between April 28, 2016 and November 18, 2020. For more on the YY Lawsuit please contact us today.

According to the lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) JOYY dramatically overstated its revenues from live streaming sources; (2) The majority of users at any given time were bots; (2) the Company utilized these bots to effect a roundtripping scheme that Manufactured the false appearance of revenues; (3) the Company overstated its cash reserves; (4) the Company’s acquisition of Bigo was largely contrived to benefit corporate insiders; and (5) as a result, Defendants’ public statements were materially false and/or Misleading at all relevant times.

If you suffered a loss in you have until January 19, 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.

Nicholas I. Porritt Partner

Nicholas I. Porritt, Partner

Mr. Porritt prosecutes securities class actions, shareholder class actions, derivative actions, and mergers and acquisitions litigations. As a qualified Solicitor of the Senior Courts of England & Wales, he advises international clients on the recovery of losses suffered in their investment portfolios.
Shannon L. Hopkins Partner

Shannon L. Hopkins, Partner

Ms. Hopkins manages the Firm’s Connecticut office. She has prosecuted a wide range of class action matters for over a decade, helping to recover millions in settlements on behalf of shareholders. Ms. Hopkins is also a Certified Public Accountant.
Joseph E. Levi Founding Partner

Joseph E. Levi, Founding Partner

Mr. Levi is a central figure in shaping and managing the Firm’s securities litigation practice. In addition to his efforts on behalf of shareholders, he has represented numerous patent holders in enforcing their patent rights.
Eduard Korsinsky Founding Partner

Eduard Korsinsky, Founding Partner

Mr. Korsinsky is a Managing Partner of the Firm. He has served as an Editor of the American Bar Association’s Securities Litigation Section newsletter. He represents clients in securities cases, derivative actions, consumer fraud and complex commercial matters.
Donald J. Enright Partner

Donald J. Enright, Partner

Mr. Enright’s practice focuses on shareholder mergers and acquisitions and securities fraud class action litigation. He has also handled matters in commodities, consumer fraud, and commercial litigation. He has served in a leadership role in numerous actions, yielding multi-million dollar recoveries for shareholder classes.

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