DIDI Alert: Johnson Fistel Launches Investigation into DiDi Global - Investors Suffering Losses ...
SAN DIEGO, July 02, 2021 (GLOBE NEWSWIRE) -- Shareholder Rights Law Firm Johnson Fistel, LLP, is investigating potential claims against DiDi Global Inc. (“DiDi” or the “Company”) (NYSE: DIDI) for violations of federal securities laws.
On or about June 30, 2021, DiDi sold about 317 million shares of stock in its initial public stock offering (the “IPO”) at $14 a share, raising nearly $4.5 billion in new capital.
Then on July 2, 2021, China’s cyberspace administration reported it had launched an investigation into Didi to protect national security and public interest. China’s Cyberspace Administration also said it had asked Didi to stop new user registrations during its investigation to prevent national data security risks, maintain national security protection and protect the public interest.
Specifically, Johnson Fistel’s investigation seeks to determine whether the Company’s filings with the U.S. Securities and Exchange Commission in connection with its June 2021 IPO and subsequent investor communications contained untrue statements of material facts or omitted to state other facts necessary to make the statements made therein not misleading concerning the Company’s business, and operations.
If you have information that could assist in this investigation, or if you are a DiDi shareholder and are interested in learning more about the investigation, please contact Jim Baker ( email@example.com ) at 619-814-4471. If emailing, please include a phone number.
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About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.