Investors who purchased the Company’s shares pursuant and/or traceable to the Company’s initial public offering conducted in June 2021 (the “IPO”), or between June 30, 2021 and July 21, 2021, inclusive (the “Class Period”), are encouraged to contact the firm before September 7, 2021.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at firstname.lastname@example.org.
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. DiDi “had the problem of collecting personal information in violation of relevant PRC laws and regulations.” The Company’s app would be subjected to a cybersecurity review by Cyberspace Administration of China (“CAC”). The CAC instructed all app stores in the country to remove the Company’s app. Based on these facts, the Company’s public statements were false and materially misleading throughout the IPO period. When the market learned the truth about DiDi, investors suffered damages.
The Schall Law Firm
Brian Schall, Esq.,