Step 1
Unite with Fellow Investors
Step 2
Choose the Best Attorney
Step 3
Provide Documents
Step 4
Follow Case Progress
Step 5
Get Payout
YSG.US
id: 309, Created by Stan Vick Chase, Scout
Yatsen Holding
How it works?
- We find Attorney for the Case
- Attorney files case on behalf of Investors
- You get updates and receive payout in case of success
Would it cost me anything?
- No, you do not pay anything out of your pocket neither to us, nor to Attorney
- Attorneys get % fee in case of success
- Platform charges service fee from Attorneys
What are the chances for success?
Every Case is unique, but statistically, 47% of Cases end up with a settlement.
Please see below recent successful cases:
How it works?
- We find Attorney for the Case
- Attorney files case on behalf of Investors
- You get updates and receive payout in case of success
Would it cost me anything?
- No, you do not pay anything out of your pocket neither to us, nor to Attorney
- Attorneys get % fee in case of success
- Platform charges service fee from Attorneys
What are the chances for success?
Every Case is unique, but statistically, 47% of Cases end up with a settlement.
Please see below recent successful cases:
On March 10, 2022, Yatsen released disappointing financial results. The Company missed revenue estimates in its Q4 earnings and announced weak guidance for the next quarter.
On this news, Yatsen's stock price dropped over 39% and the Company lost more than $ 290 million of its capitalization in 1 day, seriously damaging investors.
Going back to 2021, Yatsen and its Leaders made investors believe that Perfect Diary and Little Ondine were thriving, thereby driving Yatsen’s top-line growth at the time of its IPO and quarter after quarter thereafter. In fact, cosmetic and skincare sales of Perfect Diary and Little Ondine products were declining in the period leading up to the IPO and throughout 2021.
All things considered, Investors have reasons to suspect that the Company has violated their fundamental rights by failing to provide or withhold material information.
Alleged Offence
Misleading Statements,
Financial Misrepresentation,
Failure to Disclose,
Breach of Fiduciary duty,
Omissions
Suspected Party
Directors,
Management,
Investment Bank,
Service Provider
Security Type
Depository Securities (ADS, ADR, GDR)
Trade Direction
Long
Shock Event Date
10 March 2022
Court
Southern District of New York