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Stock impact report

Last Few Hours for Shareholders to Actively Participate in Waterdrop Inc. (WDH) Class Action: Bronstein, Gewirtz & Grossman, LLC

Waterdrop Inc. American Depositary Shares (each representing the right to receive 10 Class A Ordinary Shares) (WDH) 
Company Research Source: GlobeNewswire
NEW YORK, Nov. 15, 2021 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Waterdrop Inc. ("Waterdrop” or the "Company") (NYSE: WDH) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Waterdrop shares in or traceable to the Company's May 2021 initial public offering (the "IPO"). Such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com/wdh.                                       This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1933. The complaint alleges that the IPO's Registration Statement failed to disclose that Waterdrop was the subject of an intense regulatory investigation and pending crackdown by Chinese authorities because of a variety of market abuses perpetrated by Waterdrop used to artificially infla Show less Read more
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