The Klein Law Firm Reminds Investors of a Lead Plaintiff Deadline of December 13, 2021 in the Class Action Lawsuit Filed on Behalf of Vipshop Holdings Ltd. Shareholders
New York, New York – (Newsfile Corp. – Nov. 28, 2021) – The Klein Law Firm announces that on behalf of the shareholders of Vipshop Holdings Ltd. (“Vipshop”) a class action lawsuit has been filed (NYSE: VIPS).
Course period: March 22, 2021 to March 29, 2021
Lead plaintiff deadline: December 13, 2021
No obligation or cost to you.
Find out more about your recoverable losses in VIPS:
CLASS ACTION DETAILS: According to the lawsuit, Goldman Sachs Group Inc. and Morgan Stanley knew Archegos Capital Management had to liquidate its position in Vipshop entirely because Archegos failed (or likely would fail) to honor a margin call. Goldman Sachs Group Inc. and Morgan Stanley then prevented billions in losses by selling Vipshop stock while in possession of this material nonpublic information. When the truth about Vipshop came to light, other investors suffered heavy losses.
WHAT THIS MEANS FOR YOU AS A SHAREHOLDER: If you have suffered a loss at Vipshop, you have until December 13, 2021 to file the main plaintiff with the court. Your ability to partake in a recovery does not require you to be the lead plaintiff.
NO COST TO YOU: If you have purchased Vipshop securities during the relevant period, you may be eligible for no-out-of-pocket compensation.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For more information about the VIPS lawsuit, please contact J. Klein, Esq. call 212-616-4899 or click this link.
ABOUT KLEIN FIRM
J. Klein, Esq. represents investors and participates in securities disputes related to financial fraud across the country. Klein Law Firm is a boutique litigation firm with experience in a variety of areas including securities law, corporate finance, and trade litigation. Since 2011, our experienced lawyers have been achieving excellent results with a personalized focus for our clients. Lawyer advertising. Previous results do not guarantee similar results.
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J. Klein, Esq.
Empire State Building
350 Fifth Avenue
New York, NY 10118
Phone: (212) 616-4899
Fax: (347) 558-9665
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/103084