Ju Mei in the United States has been accused of issuing false statements

Source: Internet
Author: User
Keywords Collective published Poly-Beauty lawsuit alleged had released
Tags business class class action company district court false statements filed released

Absrtact: Beijing time January 3 Morning News, U.S. law firm Levikorsinsky announced in Friday that the firm has targeted Nyse:jmei to the New York State Eastern region of the United States District Court filed a class action, which represents the May 16, 2014 Poly-Mei

Beijing time January 3 Morning News, U.S. law firm Levi&korsinsky announced in Friday, the firm has targeted Nyse:jmei to the New York State Eastern region of the United States District Court filed a class action, The lawsuit represents investors who bought the company's shares on May 16, 2014, when the IPO was released to November 20, 2014 (hereinafter referred to as the "class action period").

The lawsuit alleges that the United States in the collective action issued a false misleading statement and/or did not disclose the following information: (a) The company has changed its revenue model by converting it from a market service business into a merchandising business; (b) This shift poses a significant risk to the successful financial performance of the United States; The company has not expanded its market services business as it has claimed.

Levi&korsinsky said investors who suffered losses could apply to the court to become the main plaintiff before February 10, 2015.

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