SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Kanzhun Limited Shareholders of Class Action and Lead Plaintiff Deadline of September 10, 2021
New York, New York – (Newsfile Corp. – August 22, 2021) – The following statement is released by Levi & Korsinsky, LLP:
To: All persons or entities who have purchased or otherwise acquired securities of Kanzhun Limited (“Kanzhun”) (NASDAQ: BZ) between June 11, 2021 and July 2, 2021. You are hereby notified that a securities class action lawsuit has been brought in the United States District Court for the District of New Jersey. For more information, visit:
or contact Joseph E. Levi, Esq. either by email at [email protected] or by phone at (212) 363-7500. There is no cost or obligation for you.
Kanzhun Limited NEWS – BZ NEWS
CASE DETAILS: According to the complaint filed: (1) Kanzhun is said to be subject to an imminent cybersecurity review by the Cyberspace Administration of China (“CAC”); (2) CAC would require Kanzhun to suspend registration of new users on its BOSS Zhipin app; (3) Kanzhun was to “conduct a comprehensive review of cybersecurity risks”; (4) Kanzhun was to “improve its cybersecurity awareness and technological capabilities”; and (5) accordingly, the Defendants’ statements regarding its business, operations and prospects were materially false and misleading and / or lacked reasonable basis at all relevant times.
WHAT THIS MEANS FOR SHAREHOLDERS: If you have suffered a claim in Kanzhun, you have up to September 10, 2021 ask the Court to appoint you as the principal applicant. Your ability to participate in any recovery does not require you to serve as the principal applicant.
NO COT FOR YOU: If you purchased Kanzhun securities between June 11, 2021 and July 2, 2021, you may be entitled to compensation without payment of any fees or charges.
PROTECT YOUR FINANCIAL INTERESTS: Complete this brief submission form https://www.zlk.com/pslra-1/kanzhun-limited-information-request-form?prid=18808&wire=5 or call 212-363-7500 to discuss the case with Joseph E Levi, Esq.
WHY LEVI & KORSINSKY: Levi & Korsinsky have a proven track record of winning cases worth hundreds of millions of dollars to shareholders over a 20-year period. We represent and fight for shareholders who have been wronged by companies.
Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut and Washington, DC The firm’s founding partners, Joseph Levi and Eduard Korsinsky, have represented shareholders and institutional clients since nearly 20 years and have achieved remarkable results for clients in the United States and abroad. The firm, which has more than 80 employees, is committed to fostering, cultivating and preserving a culture of diversity, equity and inclusion for employees and those we represent. Our lawyers have extensive expertise in representing investors in securities litigation with a history of recovering hundreds of millions of dollars in cases. Levi & Korsinsky has been ranked in the Institutional Shareholder Services (“ISS”) SCAS Top 50 report for 7 consecutive years as the best securities litigation firm in the United States. The SCAS Top 50 report identifies the leading securities law firms of plaintiffs in the country, and year after year ISS has recognized Levi & Korsinsky as a leading firm in the field of securities class actions.
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th floor
New York, New York 10006
Phone. : (212) 363-7500
Fax: (212) 363-7171
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/94029