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