Latest Breaking News On - Bluecity holdings limited american - Page 1 : comparemela.com

Shareholder rights law firm Robbins LLP announces that a purchaser of BlueCity Holdings Limited American depository shares (NASDAQ: BLCT) filed a class action complaint against the Company and its officers and directors. The company and its directors are accused for alleged violations of the Securities Act of 1933 pursuant to the Company’s July 8, 2020 initial public offering (“IPO”). BlueCity operates a platform for the LGBTQ community primarily under the BlueCity brand in China, India, Korea, Thailand, and Vietnam. The platform provides products and services, including social and entertainment, online health consulting and online pharmacy, and assisted reproductive technology. BlueCity Holdings Limited (BLCT) Misled Investors Regarding the Company’s Capability for Sustainable Growth

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