Daily Archives: April 27, 2020, 8:45 am

U.S.-Listed Chinese Real Estate Firm Hit with Coronavirus-Related Securities Suit | The D&O Diary

In the latest securities suit related to the coronavirus outbreak, a plaintiff shareholder has filed a U.S. securities class action lawsuit against a Chinese real estate firm whose American Depositary Shares (ADSs) are listed on the NYSE, based on allegations that the company’s January 2020 IPO offering documents failed to disclose the impact of the outbreak on the company’s residential…

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