LOS ANGELES, CA / ACCESSWIRE / November 26, 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 [email protected].
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. Zhangmen was the subject of the Chinese government's largescale reform of the private education market which include prohibitions on profit-making and raising capital. The known risks and uncertainties were likely to have a material negative impact on the Company's future prospects. Based on these facts, the Company's public statements and IPO documents were false and materially misleading throughout the IPO period. When the market learned the truth about Zhangmen, investors suffered damages.
Join the case to recover your losses.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]
SOURCE: The Schall Law Firm