By Daniel Webster. dWeb.News Publisher
NEW YORK, Nov. 19, 2021 /PRNewswire/ —
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Vipshop Holdings Limited (NYSE: VIPS) between March 22, 2021 and March 29, 2021, inclusive (the “Class Period”), of the important December 13, 2021 lead plaintiff deadline.
SO WHAT: If you purchased Vipshop securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Vipshop class action, go to http://www.rosenlegal.com/cases-register-2178.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action. Already filed a class action lawsuit. If you wish to serve as lead plaintiff, you must move the Court no later than December 13, 2021. The lead plaintiff is an individual who acts on behalf of the class members and directs the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Many notices issued by firms do not reflect the experience and resources of their peers. Many of these firms don’t actually litigate securities class actions. Choose wisely when choosing counsel. The Rosen Law Firm represents investors around the world, with a focus on shareholder derivative litigation and securities class actions. Rosen Law Firm achieved the largest securities class action settlement against any Chinese company. Rosen Law Firm was ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Lawdragon and Super Lawyers have recognized many of the firm’s lawyers.
DETAILS OF THE CASE: According to the lawsuit: (1) defendants Goldman Sachs Group Inc. and Morgan Stanley obtained the material non-public information pursuant to their agreements with Archegos Capital Management’s (“Archegos”) and as serving as prime brokers of Archegos; (2) defendants knew, recklessly disregarded, or should have known that they owed a fiduciary duty, or obligation arising from a similar relationship of trust and confidence, to Archegos to keep the information confidential; and (3) despite this, while in possession of material, non-public adverse information, defendants collectively sold billions of dollars’ worth of Vipshop shares. Vipshop stock fell sharply after this information was made public, causing financial losses to investors.
To join the Vipshop class action, go to http://www.rosenlegal.com/cases-register-2178.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.
No Class Has Been Certified. You are not permitted to retain counsel until a class has been certified. You can choose the counsel you prefer. You can also be an absent member of the class and do nothing. The ability of an investor to share in any future recovery is not tied to the role of lead plaintiff.
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Attorney Advertising. Past results are not indicative of a similar outcome.
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
SOURCE Rosen Law Firm, P.A.
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The post ROSEN, A TOP-RANKED LAW FIRMS, Encourages Vipshop Holdings Limited Investors With Losses Above $100K To Secure Counsel Prior To Important December 13 Deadline In Securities Class Act – VIPS appeared first on dWeb.News dWeb.News from Daniel Webster Publisher dWeb.News – dWeb Local Tech News and Business News