August 13, 2022

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BREAKING See: ROSEN, A Top Rated Regulation Agency, Encourages Lizhi Inc. Investors with Significant Losses to Secure Counsel Just before Crucial Deadline – LIZI

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New York, New York, Jan 31, 2021 (Newsfile Corp through COMTEX) —
New York, New York–(Newsfile Corp. – January 31, 2021) – WHY:  Rosen Regulation Company, a global investor legal rights legislation business, reminds purchasers of the securities of Lizhi Inc. (NASDAQ: LIZI) pursuant and/or traceable to Lizhi’s January 17, 2020 preliminary community providing (the “IPO” or the “Supplying”) of the vital March 22, 2021 guide plaintiff deadline.

SO WHAT: If you bought Lizhi securities pursuant to the IPO you may be entitled to compensation without payment of any out of pocket charges or fees through a contingency payment arrangement.

WHAT TO DO Future: To be part of the Lizhi class motion, go to http://www.rosenlegal.com/instances-sign up-1986.html or simply call Phillip Kim, Esq. toll-free of charge at 866-767-3653 or email [email protected] or [email protected] for details on the course motion. A class action lawsuit has currently been submitted. If you wish to serve as lead plaintiff, you ought to move the Court no afterwards than March 22, 2021. A direct plaintiff is a consultant bash performing on behalf of other class associates in directing the litigation.

WHY ROSEN Legislation: We really encourage traders to pick certified counsel with a track record of achievements in leadership roles. Typically, companies issuing notices do not have comparable encounter or means. The Rosen Regulation Business represents investors all through the world, concentrating its exercise in securities course steps and shareholder by-product litigation. Rosen Legislation Agency has reached the largest at any time securities class action settlement against a Chinese Enterprise. Rosen Law Company was Rated No. 1 by ISS Securities Course Action Solutions for range of securities course motion settlements in 2017. The company has been ranked in the leading 3 just about every 12 months since 2013 and has recovered hundreds of tens of millions of bucks for traders. In 2019 on your own the organization secured over $438 million for investors. In 2020 founding associate Laurence Rosen was named by legislation360 as a Titan of Plaintiffs’ Bar. Many of the firm’s lawyers have been acknowledged by Lawdragon and Super Legal professionals.

Specifics OF THE Case: The complaint alleges that the Registration Assertion contained fake and/or deceptive statements and/or unsuccessful to disclose that: (1) at the time of the IPO, the coronavirus was currently ravaging China, the household foundation, principal industry, and sizeable hub for Lizhi, its staff, and its clients (2) the complications affiliated with the coronavirus have been currently negatively impacting Lizhi’s organization, as workers and clients contracted the virus, misplaced employment, or normally knowledgeable issue in creating, publishing, and monetizing the material significant to Lizhi’s platform (3) even prior to the IPO, Lizhi employees and prospects complained of, and to, Lizhi, which harmed the Company’s track record and financial affliction and prospects and (4) as a end result, Defendants’ public statements had been materially phony and/or misleading at all suitable situations.

To sign up for the Lizhi course action, go to http://www.rosenlegal.com/situations-sign-up-1986.html or phone Phillip Kim, Esq. toll-free of charge at 866-767-3653 or email [email protected] or [email protected] for data on the class motion.

No Class Has Been Qualified. Till a class is licensed, you are not represented by counsel until you keep one particular. You may possibly choose counsel of your selection. You may possibly also stay an absent class member and do nothing at this place. An investor’s capacity to share in any possible long run restoration is not dependent on serving as lead plaintiff.

Comply with us for updates on LinkedIn: https://www.linkedin.com/corporation/the-rosen-legislation-firm, on Twitter: https://twitter.com/rosen_organization or on Facebook: https://www.facebook.com/rosenlawfirm/.

Lawyer Promotion. Prior benefits do not ensure a related end result.

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Get in touch with Information and facts:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Regulation Company, P.A.
275 Madison Avenue, 40th Ground
New York, NY 10016
Tel: (212) 686-1060
Toll No cost: (866) 767-3653
Fax: (212) 202-3827
[email protected]
[email protected]
[email protected]
www.rosenlegal.com

To check out the source version of this push launch, please check out https://www.newsfilecorp.com/release/73259

COMTEX_379927262/2523/2021-01-31T11:19:36

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The MarketWatch News Department was not included in the development of this information.