SHAREHOLDER ALERT: Levi Korsinsky, LLP Notifies Shareholders of RLX Technology Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of August 9, 2021 - RLX
- Written by Newsfile
New York, New York - Newsfile Corp. - 15 June 2021 - The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired securities of RLX Technology Inc. ("RLX") (NYSE: RLX) pursuant or traceable to the F-1 registration statement and related prospectus on Form 424B4 issued in connection with RLX's January 2021 initial public stock offering. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Southern District of New York. To get more information go to:
https://www.zlk.com/pslra-1/rlx-technology-inc-loss-submission-form?prid=16880&wire=13[1]
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.[2]
RLX Technology Inc. NEWS - RLX NEWS
CASE DETAILS: According to the filed complaint: the Company's then-existing exposure to China's ongoing campaign to establish a national standard for e-cigarettes, which would bring them into line with ordinary cigarette regulations, and that RLX's reported financials were not nearly as robust as the offering materials projected, nor were they indicative of future results. As a result, investors purchased RLX shares at artificially inflated prices.
WHAT THIS MEANS TO SHAREHOLDERS: If you suffered a loss in RLX, you have until August 9, 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.
NO COST TO YOU: If you purchased or otherwise acquired RLX American Depository Shares pursuant or traceable to the F-1 registration statement and related prospectus on Form 424B4 issued in connection with RLX's January 2021 initial public stock offering you may be entitled to compensation without payment of any out-of-pocket costs or fees.
PROTECT YOUR FINANCIAL INTERESTS: Complete this brief submission form https://www.zlk.com/pslra-1/rlx-technology-inc-loss-submission-form?prid=16880&wire=13[3] or call 212-363-7500 to discuss the case with Joseph E. Levi, Esq.
WHY LEVI & KORSINSKY: Levi & Korsinsky have a proven track record of winning cases worth hundreds of millions of dollars for shareholders over a 20-year period. We represent and fight for shareholders who have been wronged by corporations.
Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington, D.C. The Firm's Founding Partners, Joseph Levi and Eduard Korsinsky, have been representing shareholders and institutional clients for almost 20 years and have achieved remarkable results for clients in the U.S. and internationally. The firm, with more than 80 employees, is committed to fostering, cultivating, and preserving a culture of diversity, equity and inclusion for employees and those that we represent. Our attorneys have extensive expertise representing investors in securities litigation with a track record of recovering hundreds of millions of dollars in cases. Levi & Korsinsky was ranked in Institutional Shareholder Services' ("ISS") SCAS Top 50 Report for 7 years in a row as a top securities litigation firm in the United States. The SCAS Top 50 Report identifies the top plaintiffs' securities law firms in the country, and year after year, ISS has recognized Levi & Korsinsky as a leading firm in the area of securities class action litigation.
CONTACT:Levi & Korsinsky, LLPJoseph E. Levi, Esq.Ed Korsinsky, Esq.55 Broadway, 10th FloorNew York, NY 10006jlevi@levikorsinsky.comTel: (212) 363-7500Fax: (212) 363-7171www.zlk.com[4][5]
References
- ^ https://www.zlk.com/pslra-1/rlx-technology-inc-loss-submission-form?prid=16880&wire=13 (www.zlk.com)
- ^ jlevi@levikorsinsky.com (www.media-outreach.com)
- ^ https://www.zlk.com/pslra-1/rlx-technology-inc-loss-submission-form?prid=16880&wire=13 (www.zlk.com)
- ^ jlevi@levikorsinsky.com (www.media-outreach.com)
- ^ www.zlk.com (www.zlk.com)
Authors: Newsfile
