Lead Plaintiff Deadline: September 17, 2021
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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
(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.
In order to be included in the lawsuit, you must have incurred a loss on shares of Bluecity Holdings purchased or acquired during the class period listed above.
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.