Bluecity Holdings Limited Class Action Lawsuit - BLCT

Company
Bluecity Holdings Limited (NASDAQ: BLCT)
Lead Plaintiff Deadline
September 17, 2021 (Expired)
Class Definition
pursuant and/or traceable to the Offering Documents issued in connection with the Company’s initial public offering conducted on or about July 8, 2020

Expired

Lead Plaintiff Deadline

Sep 17, 2021

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Allegations

(1) Defendants had overstated BlueCity’s business and financial prospects; (2) the Company was ill-equipped to absorb the costs of becoming a publicly traded company, including IPO- and growth-related costs; (3) as a result of all the foregoing, Defendants had misrepresented the Company’s capability for sustainable growth; and (4) as a result, the Offering Documents were materially false or misleading and/or failed to state information required to be stated therein.

Eligibility

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

Lead Plaintiff Deadline

If you suffered a loss in Bluecity Holdings during the relevant time frame, you have until September 17, 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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