Lead Plaintiff Deadline: May 04, 2020
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(1) the purported “strategic cooperation” was actually a transaction with a related party; (2) the company’s financial health was worse than what was actually reported; (3) the company had recently removed numerous distributors from its website just prior to the initial public offering, many of which were small or suspicious businesses; and (4) several of the Company’s largest Chinese clients in prior years were clients who were not in the Bitcoin mining industry and, thus, would likely not be repeat customers.
In order to be included in the lawsuit, you must have incurred a loss on shares of Canaan purchased or acquired during the class period listed above.
If you suffered a loss in Canaan during the relevant time frame, you have until May 04, 2020 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.