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Stock impact report

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of DouYu International Holdings Limited – DOYU

DouYu International Holdings Limited - American Depositary Shares (DOYU) 
Last douyu international holdings limited - american depositary shares earnings: 3/19 02:00 am Check Earnings Report
Company Research Source: GlobeNewswire
NEW YORK, April 01, 2020 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of DouYu International Holdings Limited (“DouYu” or the “Company”) (NASDAQ: DOYU). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 7980. The investigation concerns whether DouYu and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] In July 2019, DouYu completed its initial public offering (“IPO”), issuing 67,387,110 American Depositary Shares (“ADSs”) priced at $11.50 per ADS. Then, in a series of disclosures in the months following the IPO, it became apparent that certain of DouYu’s risks related to its top streamers had materialized; that the Company had failed to ensure that all of its products were fully compliant with current regulatory requirements before they became available online; Show less Read more
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