by Daniel Webster, dWeb.News Editor
NEW YORK, Nov. 24, 2021 /PRNewswire/ — The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired securities of Vipshop Holdings Ltd. (“Vipshop”) (NYSE: VIPS) between March 22, 2021 and March 29, 2021. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Southern District of New York. To get more information go to:
or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500. There is no cost to you.
Vipshop Holdings Ltd. NEWS – VIPS NEWS
CASE DETAILS: According to the filed complaint: Goldman Sachs and Morgan Stanley sold a large block of shares during the Class Period while in possession of material, non-public information about Archegos after confidentially learning it was likely failing to meet margin calls. These sales resulted in Morgan Stanley and Goldman Sachs avoiding billions of dollars in losses.
WHAT THIS MEANS TO SHAREHOLDERS: If you suffered a loss in Vipshop, you have until December 13, 2021 to request that the Court appoint you as lead plaintiff. You don’t have to be a lead plaintiff in order to participate in any recovery.
NO COST TO YOU: If you purchased Vipshop securities between March 22, 2021 and March 29, 2021, you may be entitled to compensation without payment of any out-of-pocket costs or fees.
PROTECT YOUR FINANCIAL INTERESTS: Complete this brief submission form https://www.zlk.com/pslra-1/vipshop-holdings-ltd-loss-submission-form
or call 212-363-7500 to discuss the case with Joseph E. Levi, Esq.
WHY LEVI & KORSINSKY: Levi & Korsinsky have a proven track record of winning cases worth hundreds of millions of dollars for shareholders over a 20-year period. We represent shareholders who have been wronged or harmed by corporations.
Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington, D.C. The Firm’s Founding Partners, Joseph Levi and Eduard Korsinsky, have been representing shareholders and institutional clients for almost 20 years and have achieved remarkable results for clients in the U.S. and internationally. The firm, with more than 80 employees, is committed to fostering, cultivating and preserving a culture of diversity, equity and inclusion for employees and those that we represent. Our lawyers have a proven track record of recovering millions of dollars for investors through securities litigation. Levi & Korsinsky was ranked in Institutional Shareholder Services’ (“ISS”) SCAS Top 50 Report for 7 years in a row as a top securities litigation firm in the United States. The SCAS Top 50 Report identifies the top plaintiffs’ securities law firms in the country, and year after year, ISS has recognized Levi & Korsinsky as a leading firm in the area of securities class action litigation.
SOURCE Levi & Korsinsky, LLP
For more dWeb.News Business News: https://dweb.news/news-sections/business-news/
The post BUSINESS: Levi & Korsinsky LLP, Researching Possible Securities Law Violations – Vipshop Holdings Ltd. –VIPS appeared first on dWeb.News dWeb.News from Daniel Webster Publisher dWeb.News – dWeb Local Tech News and Business News