Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

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NEW YORK, NY / ACCESSWIRE / Aug 6, 2021 / Levi & Korsinsky, LLP announces that class actions have been filed on behalf of shareholders of the following publicly traded companies. Shareholders interested in serving as principal plaintiff have until the time limits indicated to apply to court. Further details on the cases can be found at the links provided. There is no cost or obligation for you.

JRVR Shareholders Click here: https://www.zlk.com/pslra-1/james-river-group-holdings-ltd-information-request-form?prid=18310&wire=1
DIDI shareholders Click here: https://www.zlk.com/pslra-1/didi-global-inc-fka-xiaoju-kuaizhi-inc-loss-submission-form?prid=18310&wire=1
ZY Shareholders Click here: https://www.zlk.com/pslra-1/zymergen-inc-loss-submission-form?prid=18310&wire=1

* ADDITIONAL INFORMATION BELOW *

James River Group Holdings, Ltd. (NASDAQ: JRVR)

JRVR lawsuit on behalf of: investors who bought from August 1, 2019 to May 5, 2021
Lead Applicant Deadline : September 7, 2021
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/james-river-group-holdings-ltd-information-request-form?prid=18310&wire=1

According to the complaint filed, during the Class Period, James River Group Holdings, Ltd. made false and / or misleading statements and / or failed to disclose that: (1) James River had not sufficiently booked its Uber policies; (2) James River used an incorrect methodology to establish reserves which significantly underestimated the Company’s actual exposure to Uber claims; (3) as a result, James River was forced to increase its unfavorable reserves in subsequent quarters, even after the cancellation of Uber policies; and (4) as a result of the foregoing, the Defendants’ statements regarding the affairs, operations and prospects of James River were materially false and / or misleading and / or lacked reasonable basis.

Didi Global Inc. F / K / A Xiaoju Kuaizhi Inc. (NYSE: DIDI)

This lawsuit is on behalf of persons and entities who have purchased or otherwise acquired DiDi: (a) US depository shares in accordance with and / or traceable to the registration statement and prospectus issued in connection with the public offering initial of the Company in June 2021; and / or (b) securities between June 30, 2021 and July 21, 2021 inclusive.
Lead Applicant Deadline : September 7, 2021
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/didi-global-inc-fka-xiaoju-kuaizhi-inc-loss-submission-form?prid=18310&wire=1

According to the complaint filed, (1) DiDi’s applications did not comply with applicable laws and regulations governing the protection of privacy and the collection of personal information; (2) as a result, the Company was reasonably susceptible to scrutiny by the Cyberspace Administration of China; (3) the CAC had already warned DiDi to delay its IPO in order to carry out a self-examination of the security of its network; (4) due to the foregoing, DiDi’s apps were reasonably likely to be removed from app stores in China, which would adversely affect its financial results and operations; and (5) as a result of the foregoing, the Defendants’ positive statements regarding the business, operations and prospects of the Company were substantially misleading and / or lacked reasonable basis.

Zymergen Inc. (NASDAQ: ZY)

ZY Lawsuit on behalf of: investors who bought from April 21, 2021 to January 1, 3000
Lead Applicant Deadline : October 4, 2021
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/zymergen-inc-loss-submission-form?prid=18310&wire=1

According to the complaint filed, during the Class Action Period, Zymergen Inc. made false and / or misleading statements and / or failed to disclose that: (1) during the qualification process for Hyaline, key customers had encountered technical issues, including product shrinkage and incompatibility with customer processes; (2) although the qualification process was essential to gain market acceptance for Hyaline and generate revenue, Zymergen lacked visibility into the qualification process; (3) as a result, the Company overestimated the demand for its products; (4) due to the foregoing, the timing of delivery of the Company’s products was reasonably likely to be delayed, which in turn would delay revenue generation; and (5) as a result of the foregoing, the Defendants’ positive statements regarding the business, operations and prospects of the Company were substantially misleading and / or lacked reasonable basis.

You have until the lead applicant’s deadline to ask the court to appoint you as the lead applicant. Your ability to participate in any recovery does not require you to serve as the principal applicant.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut and Washington DC. Lawyer advertising. Past results do not guarantee similar results.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Edouard Korsinsky, Esq.
55 Broadway, 10th floor
New York, New York 10006
jlevi@levikorsinsky.com
Phone. : (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

THE SOURCE: Levi & Korsinsky, LLP

See the source version on accesswire.com:
https://www.accesswire.com/658810/CLASS-ACTION-UPDATE-for-JRVR-DIDI-and-ZY-Levi-Korsinsky-LLP-Reminds-Investors-of-Class-Actions-on-Behalf-of- Shareholders


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