Lead Plaintiff Deadline: May 26, 2020
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as of the initial public offering: (i) DouYu’s risks related to its top streamers had materialized, including that: (a) a top streamer was actively misrepresenting herself on DouYu’s platform;and (b) costs associated with retaining top streamers was swelling; (ii) DouYu did not ensure that all of its products were fully compliant with current regulatory requirements before those products became available online; and (iii) key interactive features of DouYu’s “lucky draw”were non-compliant with current regulatory requirements.
In order to be included in the lawsuit, you must have incurred a loss on shares of DouYu, either: A) purchased or acquired during the class period listed above, if applicable; or B) pursuant to the Initial Public Offering (IPO) of DouYu, if applicable.
If you suffered a loss in DouYu during the relevant time frame, or pursuant to DouYu’s IPO if listed above, you have until May 26, 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.