Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Securities Class Action

Securities fraud litigation history and active cases

In Litigation

0

Settlement

1

Closed

1

Total Settlement

$2.25M

DouYu International Holdings Ltd (DOYU) Class Action Lawsuit (June 2023)

Settlement

2:23cv3161 • June 9, 2023

Class Period Start

April 29, 2021

Class Period End

February 23, 2024

PSLRA Deadline

August 8, 2023

Case Allegations

10b5

Statutes of Repose

Apr 29, 2024

Country

United States

Court

Federal Court

Settlement Information

Please note that for cases in the settlement stage, claims are handled by the claims administrator and NOT Levi & Korsinsky. Any information or documentation previously provided to us does not constitute submission of a claim. If you need to file a claim, check the status of a claim, or have questions regarding distribution of settlement funds, please contact the claims administrator below.

Claim Deadline

July 21, 2025

Settlement Fund

$2,250,000

Settlement Status

Final Approval

Settlement Class

All persons or entities that purchased the publicly-traded American Depositary Shares (“ADSs” or “shares”) of DouYu International Holdings Limited (“DouYu” or the “Company”) during the period between April 30, 2021 and November 27, 2023, both dates inclusive.

Claim Administrator

Strategic Claims Services
600 North Jackson Street – Suite 205 Media, PA 19063
+1 866-274-4004
[email protected]

Hearing Date

August 18, 2025

Opt-out Deadline

July 28, 2025

Settlement Note

Download here

Proof Of Claim

Download here

Docket History

Dec 12, 2025

Final Approval of Settlement

The court has granted final approval of the settlement. Eligible investors who submit valid claims may receive a payment once the claims review and distribution process is completed.

Jul 14, 2025

Motion for Final Approval of Settlement

The parties have asked the court to grant final approval of the proposed settlement. The judge will consider whether the settlement should be approved after reviewing the settlement terms and any objections. If approved, eligible investors who submit valid claims may receive a payment after the claims review and distribution process is completed.

Mar 31, 2025

Preliminary Approval of Settlement

The court has granted preliminary approval of a proposed settlement. This means the settlement can move forward for further consideration, but it has not yet received final approval. Potential class members will generally receive notice explaining the settlement, their rights, and any deadlines for submitting a claim, objecting to the settlement, or choosing not to participate.

Mar 31, 2025

Notice of Pendency

Mar 31, 2025

Proof of Claim Form

To receive your portion of the recovery (if you are eligible), you must submit this form to the claims administrator by the deadline indicated on the form itself. If you do not submit this form in time, you will not be entitled to compensation. If you have questions about how to complete the form, you should contact the claims administrator.

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DouYu International Holdings Ltd (DOYU) Class Action Lawsuit (March 2020)

Closed

1:20cv7234 • March 24, 2020

Class Period Start

July 17, 2019

Class Period End

January 21, 2020

PSLRA Deadline

May 26, 2020

Case Allegations

10b5 + Sec11

10b-5 Statutes of Repose

Jul 17, 2022

Sec11 Statutes of Repose

Jul 16, 2022

Country

United States

Court

Federal Court

Docket History

Mar 14, 2022

Voluntary Dismissal

The plaintiff in this action has chosen not to proceed with the case. Once a case is voluntary dismissed, the courts will usually close the case and no further action will be taken.

Dec 10, 2021

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

Dec 10, 2021

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

Nov 24, 2021

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

Jul 19, 2021

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

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