Phoenix Tree (DNK) Class Action Alert: Johnson Fistel, LLP Files Class Action Suit Against Phoenix Tree Holdings Limited
Phoenix Tree Holdings Limited (DNK)
Company Research
Source: PR Newswire
SAN DIEGO, April 28, 2020 /PRNewswire/ -- Johnson Fistel, LLP announced that a class action has commenced on behalf of purchasers of Phoenix Tree Holdings Limited ("Phoenix" or "the Company") (NYSE: DNK) American Depositary Shares ("ADSs") pursuant and/or traceable to prospectuses and registration statements issued in connection with the Company's January 22, 2020, initial public offering ("IPO").If you wish to serve as lead plaintiff, you must move the Court no later than June 26, 2020. If you wish to discuss this action or have any questions concerning this notice, please contact Jim Baker (jimb@johnsonfistel.com) at 619-814-4471. If emailing, please include a phone number. [Click here to join this action]Phoenix leases and manages apartments in China, which it rents to tenants under the brands Danke Apartment and Dream Apartment. The complaint alleges that the Offering Materials issued in connection with the IPO omitted or otherwise misrepresented the nature and level of renter co
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