Ruhnn Holding Limited Class Action Lawsuit - RUHN

Company
Ruhnn Holding Limited (NASDAQ: RUHN)
Lead Plaintiff Deadline
December 6, 2019 (Expired)
Class Period
April 3, 2019 - October 7, 2019

Expired

Lead Plaintiff Deadline

Dec 6, 2019

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Allegations

(1) at the time of the initial public offering ("IPO"), the number of Ruhnn's online stores had declined by nearly 40%; (2) at the time of the IPO, the number of Ruhnn's full-service Key Opinion Leaders had declined by nearly 44%; (3) as a result, the Company's net revenues derived from its full-service segment had declined by 46% on a sequential basis; and (3) as a result, defendants' statements about Ruhnn's 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 RUHN class action lawsuit, you must have incurred a loss on shares of purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in during the relevant time frame or pursuant to the relevant offering(s), you have until December 6, 2019 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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