Last Hours for Shareholders with Losses Exceeding $50K to Actively Participate in Waterdrop Inc. (WDH) Class Action: Bronstein, Gewirtz & Grossman, LLC [MarketWatch]
Waterdrop Inc. American Depositary Shares (each representing the right to receive 10 Class A Ordinary Shares) (WDH)
Company Research
Source: MarketWatch
that a class action lawsuit has been filed against Waterdrop Inc. ("Warterdrop" 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 inflate Waterdrop's short-term financial results in the lead up to the IPO, including, among other things: (1) operating insurance platforms without proper government
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WDH
News
- Waterdrop Using Tennis As Global Growth Strategy As Players Invest [Forbes]Forbes
- The 5 Best Faucet Water Filters That Provide Better-Tasting H2O [Forbes]Forbes
- Waterdrop Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]Yahoo! Finance
- Waterdrop declared a special cash dividend, the aggregate payment of which amounted to approximately US$15 millionPR Newswire
- Waterdrop declared a special cash dividend, the aggregate payment of which amounted to approximately US$15 million [Yahoo! Finance]Yahoo! Finance
WDH
Analyst Actions
- 3/15/24 - TheStreet
WDH
Sec Filings
- 4/25/24 - Form 20-F
- 4/5/24 - Form 6-K
- 3/26/24 - Form 6-K
- WDH's page on the SEC website