Kanzhun Limited Class Action Lawsuit - BZ

Company
Kanzhun Limited (NASDAQ: BZ)
Lead Plaintiff Deadline
September 10, 2021 (Expired)
Class Period
June 11, 2021 - July 2, 2021

Expired

Lead Plaintiff Deadline

Sep 10, 2021

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Allegations

(1) Kanzhun would face an imminent cybersecurity review by the Chinese government ("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.

Eligibility

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

Lead Plaintiff Deadline

If you suffered a loss in Kanzhun during the relevant time frame or pursuant to the relevant offering(s), 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.

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