BlueCity Holdings Limited

Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the American depositary shares (“ADSs”) of BlueCity Holdings Limited (NASDAQ: BLCT) pursuant and/or traceable to the offering documents issued in connection with the Company’s initial public offering conducted on or about July 8, 2020 (the “IPO” or “Offering”). A class action lawsuit has already been filed.

If you purchased BlueCity securities pursuant and/or traceable to the July 8, 2020 IPO and would like to join the action, please click “Join This Class Action,” above.

If you purchased BlueCity securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.


According to the lawsuit, The offering documents were negligently prepared and were false or misleading or failed to disclose that:

  • Defendants had overstated BlueCity’s business and financial prospects;
  • BlueCity was ill-equipped to absorb the costs of becoming a publicly traded company, including IPO- and growth-related costs;
  • As a result of all the foregoing, defendants had misrepresented the Company’s capability for sustainable growth; and
  • As a result, the offering documents were materially false or misleading and failed to state information required to be stated therein.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Attorney Advertising. Prior results do not guarantee a similar outcome.

公司名称: BlueCity Holdings Limited
股票代号: BLCT
集体诉讼期: Pursuant and/or traceable to the July 8, 2020 IPO
法院: Supreme Court of the State of New York County of New York


自 2013 年以来,罗森律师事务所每年都是代表投资者成功提起证券集体诉讼的前四大律所之一。仅 2019 年,本律所就为投资者追回 4.38 亿美元资金。


机构股东服务公司按 2017 年证券集体诉讼索赔数量,罗森律师事务所列为第一名。