Press release
Investigation announced for Long-Term Investors in shares of Lizhi Inc. (NASDAQ: LIZI)
An investigation on behalf of investors in Lizhi Inc. (NASDAQ: LIZI) shares over potential wrongdoing at Lizhi Inc. (NASDAQ: LIZI)
Investors who purchased shares of Lizhi Inc. (NASDAQ: LIZI) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain Lizhi Inc. (NASDAQ: LIZI officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
China based Lizhi Inc. operates an online user-generated content audio community, interactive audio entertainment platform, and online audio platform in China. Lizhi Inc. reported that its annual Total Revenue rose from 798.56 million CNY in 2018 to over 1.18 billion CNY in 2019.
On or about January 17, 2020, Lizhi Inc. sold about 11 million shares of stock in its initial public stock offering (the "IPO"), at $11.00 a share raising nearly $45.1 million in new capital. However, since the IPO, Lizhi Inc. stock has plummeted to as low as $3.40 per share on September 14, 2020.
Those who purchased shares of Lizhi Inc. (NASDAQ: LIZI) have certain options and should contact the Shareholders Foundation.
Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Investigation announced for Long-Term Investors in shares of Lizhi Inc. (NASDAQ: LIZI) here
News-ID: 2170541 • Views: …
More Releases from Shareholders Foundation
ALERT: Lawsuit filed for Investors who SOLD shares of Sina Corporation (formerly …
An investor, who sold shares of Sina Corporation (formerly NASDAQ: SINA) in the merger between Seina Corporation and TuSimple Holdings, Inc, filed a lawsuit over alleged violations of Federal Securities Laws by Sina Corporation (formerly NASDAQ: SINA in connection with certain allegedly false and misleading statements made.
If you sold a significant amount of shares of Sina Corporation (formerly NASDAQ: SINA) between October 13, 2020 and March 22, 2021, you have…
Lawsuit Alert: Investors who lost money with shares of Fluor Corporation (NYSE: …
An investor, who purchased shares of Fluor Corporation (NYSE: FLR), filed a lawsuit alleged violations of Federal Securities Laws by Fluor Corporation in connection with certain allegedly false and misleading statements.
Investors who purchased shares of Fluor Corporation (NYSE: FLR) have certain options and for certain investors are short and strict deadlines running. Deadline: November 14, 2025. NYSE: FLR investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779…
Investigation announced for Long-Term Investors in shares of Sable Offshore Corp …
An investigation was announced for long-term investors in shares of Sable Offshore Corp. (NYSE: SOC) concerning potential breaches of fiduciary duties by certain directors of Sable Offshore Corp.
Investors who are current long term investors in Sable Offshore Corp. (NYSE: SOC) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in…
Lawsuit filed for Investors who lost money with shares of Lantheus Holdings, Inc …
An investor, who purchased shares of Lantheus Holdings, Inc. (NASDAQ: LNTH), filed a lawsuit over alleged violations of Federal Securities Laws by Lantheus Holdings, Inc. in connection with certain allegedly false and misleading statements.
Investors who purchased shares of Lantheus Holdings, Inc. (NASDAQ: LNTH) have certain options and for certain investors are short and strict deadlines running. Deadline: November 10, 2025. NASDAQ: LNTH investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com…
More Releases for Lizhi
Hazards in Excavation A Guide to Reducing Risk
Safety is important on construction sites due to excavation hazards. Trench collapse and underground utilities hazards are serious excavation risks, hence proven procedures must be used. Understanding excavation safety hazards and site threats helps avert deadly accidents. This book, Lizhi [https://www.lz-used-diggers.com/about/] will address important topics like: What are the most prevalent excavation hazards? How to avoid accidents? We seek to make the workplace safer by focusing on excavation protective systems…
Electrical Resistance Alloy Market to Witness Huge Growth by Key Players: Yageo, …
The Electrical Resistance Alloy market research report delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. The Electrical Resistance Alloy report also incorporates the current and future global market outlook in the emerging and developed markets. Moreover, the report also investigates regions/countries expected to witness the fastest growth rates during the forecast period.
The Electrical Resistance Alloy research report also provides insights of different…
Audio Drama Market 2023 Size, Competitive Landscape and Regional Forecast to 202 …
Los Angeles, United State: The global Audio Drama market is carefully researched in this report, keeping in view important aspects such as market competition, global and regional growth, market segmentation, and market structure. The analysts authoring the report have estimated the size of the global Audio Drama market in terms of value and volume with the use of latest research tools and techniques. The report also includes estimations of market…
Investigation announced for Long-Term Investors in Lizhi Inc. (NASDAQ: LIZI)
An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Lizhi Inc. .
Investors who are current long term investors in Lizhi Inc. (NASDAQ: LIZI) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NASDAQ: LIZI stocks follows a lawsuit filed against Lizhi Inc.…
Deadline on March 22nd coming up in Lawsuit for Investors in Lizhi Inc. (NASDAQ: …
A deadline is coming up on March 22, 2021 in the lawsuit filed for certain investors of Lizhi Inc. (NASDAQ: LIZI).
Investors who purchased shares of Lizhi Inc. (NASDAQ: LIZI) have certain options and there are strict and short deadlines running. Deadline: March 22, 2021. NASDAQ: LIZI stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
According to the complaint filed in the U.S. District Court for…
Lawsuit filed for Investors in shares of Lizhi Inc. (NASDAQ: LIZI)
An investor, who purchased shares of Lizhi Inc. (NASDAQ: LIZI), filed a lawsuit over alleged violations of Federal Securities Laws by Lizhi Inc. (NASDAQ: LIZI in connection with Lizhi’s January 17, 2020 initial public offering (the “IPO” or the “Offering”).
Investors who purchased shares of Lizhi Inc. (NASDAQ: LIZI) have certain options and for certain investors are short and strict deadlines running. Deadline: March 22, 2021. NASDAQ: LIZI investors should contact…
