DOYU Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Notifies Shareholders of Investigation of DouYu International Holdings Limited and Encourages Investors to Contact the Firm
NEW YORK, NY / ACCESSWIRE / March 10, 2020 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of DouYu International Holdings Limited ("DouYu " or "the Company") (NASDAQ:DOYU). Investors who purchased DouYu securities pursuant and/or traceable to DouYu's Initial Public Offering ("IPO") in July 2019, and lost money, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/doyu.
The investigation concerns whether DouYu and certain of its officers and/or directors have violated federal securities laws.
In July 2019 DouYu completed its initial public offering ("IPO") priced at $11.50 per ADS. On December 18, 2019, Yahoo Finance listed the Company as one of "the 5 worst performing IPOs of 2019". Then on February 27, 2020, DouYu dropped 32% from the IPO to $7.79 per ADS.
If you are aware of any facts relating to this investigation, or purchased DouYu shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/doyu. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com
SOURCE: Bronstein, Gewirtz and Grossman, LLC
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