Robbins Geller Rudman & Dowd LLP Files Class Action Suit Against Phoenix Tree Holdings Limited
Phoenix Tree Holdings Limited (DNK)
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Robbins Geller Rudman & Dowd LLP (https://www.rgrdlaw.com/cases-phoenix-tree-securities-class-action-lawsuit.html) today announced that it filed a class action seeking to represent purchasers of Phoenix Tree Holdings Limited (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”). This action was filed in the Southern District of New York and is captioned Wandel v. Gao, No. 20-3259.The Private Securities Litigation Reform Act of 1995 permits any investor who purchased Phoenix Tree ADSs during the Class Period to seek appointment as lead plaintiff in the Phoenix Tree securities class action lawsuit. A lead plaintiff acts on behalf of all other class members in directing the Phoenix Tree securities class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Phoenix Tree securi
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