NASDAQ: BZ | Kanzhun Limited Securities Fraud Investigation
Shamis Gentile, a corporate securities fraud law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Kanzhun Limited (NASDAQ: BZ) between June 11, 2021 and July 2, 2021, inclusive (the “Class Period”). The lawsuit seeks to recover damages for Kanzhun investors under the federal securities laws.
If you purchased Kanzhun securities between June 11, 2021 and July 2, 2021 and would like to join the action, please contact us immediately! Such investors are advised to contact attorney Andrew Shamis at info@shamisgentile.com or 305-479-2299.
Press Release
Securities Class Action Lawsuit Against Kanzhun Limited – BZ
WHY: New York, N.Y., July 12, 2021. Shamis Gentile, a corporate securities fraud law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Kanzhun Limited (NASDAQ: BZ) between June 11, 2021 and July 2, 2021, inclusive (the “Class Period”). The lawsuit seeks to recover damages for Kanzhun investors under the federal securities laws.
WHAT: If you purchased Kanzhun Limited – BZ securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Kanzhun Limited – BZ class action, please contact Andrew J. Shamis, Esq. at 305-479-2299 or email info@shamisgentile.com for information on the class action.
WHAT IS THIS ABOUT: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Kanzhun would face an imminent cybersecurity review by the Cyberspace Administration of China (the “CAC”); (2) the CAC would require Kanzhun to suspend new user registration on its BOSS Zhipin app; (3) Kanzhun needed to “to conduct a comprehensive examination of cybersecurity risks”; (4) Kanzhun needed to “enhance its cybersecurity awareness and technology capabilities”; and (5) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
WHY SHAMIS GENTILE LAW: Shamis & Gentile, P.A. is dedicated in helping misled shareholders recover damages caused by corporate fraud and other misconduct. Our securities attorneys have a wealth of knowledge and experience handling complex litigation cases and achieving significant victories and settlements for clients (over 500 million recovered and counting). In addition to our experience litigating securities cases, our attorneys have been routinely certified class counsel throughout the country where our firm has gained a reputation of one that litigates the right way and achieves large monetary settlements. Our team comes from diverse and unique backgrounds, making us equipped to bring the fight anytime and anywhere on behalf of our clients.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Andrew J. Shamis, Esq.
Shamis & Gentile, P.A.
Miami Headquarters
14 NE 1st Ave, Suite 705,
Miami, FL 33132
Tel: 305-479-2299
Fax: 786-623-0915
