{"id":385584,"date":"2020-11-19T16:16:49","date_gmt":"2020-11-19T21:16:49","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=385584"},"modified":"2020-11-19T16:16:49","modified_gmt":"2020-11-19T21:16:49","slug":"rosen-respected-investor-counsel-continues-to-investigate-securities-claims-against-lizhi-inc-encourages-investors-with-losses-in-excess-of-100k-to-contact-firm-lizi","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-respected-investor-counsel-continues-to-investigate-securities-claims-against-lizhi-inc-encourages-investors-with-losses-in-excess-of-100k-to-contact-firm-lizi\/","title":{"rendered":"ROSEN, RESPECTED INVESTOR COUNSEL, Continues to Investigate Securities Claims Against Lizhi Inc.; Encourages Investors with Losses in Excess of $100K to Contact Firm \u2013 LIZI"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">NEW YORK, Nov.  19, 2020  (GLOBE NEWSWIRE) &#8212; Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Lizhi Inc. (NASDAQ: LIZI) resulting from allegations that Lizhi may have issued materially misleading business information to the investing public.<\/p>\n<p align=\"justify\">On or around January 17, 2020, Lizhi conducted its initial public offering (&#8220;IPO&#8221;), issuing 4.1 million American depositary shares (&#8220;ADSs&#8221;) priced at $11.00 per ADS. Since the IPO, Lizhi&#8217;s ADS price has fallen precipitously.<\/p>\n<p align=\"justify\">On November 9, 2020, after the market closed, Lizhi disclosed its financial results for the third quarter of 2020, which included revenue of $53.24 million, $0.77 million lower than consensus estimates. On this news, Lizhi\u2019s stock price fell $0.25 per share, or 10.5%, to close at $2.13 per share on November 10, 2020.<\/p>\n<p align=\"justify\">Rosen Law Firm is preparing a securities lawsuit on behalf of Lizhi shareholders. If you purchased securities of Lizhi please visit the firm\u2019s website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=31rqsQtIDmN0CDuxwM8R47aaBqgV5T1m_5TQ4Fu-6ukOoLXkRuxq6B3wGXow2cdBkXQkP6clJSQgClLKQRba-i3pNXq_VfUyrIdvuca0r69duuOzBo8J1f0yQPXR1ZYtLm4n054j7eaEQKFTiLo5s7d5vRl8FuGio06QtqWvdYg=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">http:\/\/www.rosenlegal.com\/cases-register-1986.html<\/a> to join the securities action. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=072i6OsIqdTtftJ2ZipxMQWK8wZwvaN6KopMJ_I3geLyAdIicyvO9ggmyk86_pAGmfizzaUZq-JBOIcg70tJaDIFGaGdzDwGqw3DRcI3aVM=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">pkim@rosenlegal.com<\/a> or cases@rosenlegal.com.<\/p>\n<p align=\"justify\">Follow us for updates on LinkedIn: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ddFAlFM5D-KkcpK8Qt8ZzMyhw--3OYimsKGUxBCCOBohbpjIOysWy3qrnGRNeGUB9nDhal2Avf4sx6tifJEJ4QuittIFPlvetTiqAtHW5J3vx4RFrNdZTUC5t7aSGz2dPwRXZX2GxJB4O-vbtR5PiK2GaFiE5spbCY0lpJf2BLg=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a> or on Twitter: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ddFAlFM5D-KkcpK8Qt8ZzNnACXAjShJX5UuDu0SprMEWbfLoqPtJUnBXSGtgArXyhUoUfxT5c_i6h7bACLBJEtgzx2XBoLzLedf6uRGei9i9xUJdUnUoyoBlgyy06Tw_\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/twitter.com\/rosen_firm<\/a> or on Facebook: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ddFAlFM5D-KkcpK8Qt8ZzHXRPdS4a8GtuMZQXlnDdE3S_04jlwoKhqXtI3i25AU4e6Zp8CBHQfKTe4ACleYWjU-N1L0IFNf4EkRnkxM5A5ZmcJuDZsKcCiXidj7ds1Kt\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.facebook.com\/rosenlawfirm<\/a>.<\/p>\n<p align=\"justify\">Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm\u2019s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.<\/p>\n<p align=\"justify\">Attorney Advertising. Prior results do not guarantee a similar outcome.<\/p>\n<p align=\"justify\">&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-<\/p>\n<p align=\"justify\">Contact Information:<\/p>\n<p align=\"justify\">Laurence Rosen, Esq.<br \/>Phillip Kim, Esq.<br \/>The Rosen Law Firm, P.A.<br \/>275 Madison Avenue, 40<sup>th<\/sup> Floor<br \/>New York, NY 10016<br \/>Tel: (212) 686-1060<br \/>Toll Free: (866) 767-3653<br \/>Fax: (212) 202-3827<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=CHOehVdHAJZ60KfbC4XSe2twVN6WJ8QeSzkS7mAONe1Fu62wCBgp_LPt6bFFFMjMSfKBq0uWc5OF6wf31JXh2zsJxvShEFisFeTzw_7kT_M=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">lrosen@rosenlegal.com<\/a><br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=072i6OsIqdTtftJ2ZipxMfMySOaZW5QROnUoqiGymLO0bCFaF4cemGEk1tSCJxX785Dz0ZKB25s-hhDnafD0P-swOzjg-jTbycXajIKd-zc=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">pkim@rosenlegal.com<\/a><br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=r2kcwCb_vV19Zhbzdr-nhIgq5OC7tKGyoIZrWy4Kp1RQoG3pyw0PW2JgEcPgYZyUL8jrjg7jFy4gtMXYFpbDValfVjY8iFxn32ahNXU1Lis=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">cases@rosenlegal.com<\/a><br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=OXE2Eezc6QY2q34a8NV5mgRCypRnEfpkHicOWqIoi5TBsb3VQiRdWEmMfwckfoEzktX9iffCrqvVN7Drx9L-A4Od1QLBR4aDBKyeHX7hgLI=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.rosenlegal.com<\/a><\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4OTU0MCMzODM2NzExIzIwMjA0MTE=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/07ddbf02-5a12-4799-846a-1057a2f94df4\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, Nov. 19, 2020 (GLOBE NEWSWIRE) &#8212; Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Lizhi Inc. (NASDAQ: LIZI) resulting from allegations that Lizhi may have issued materially misleading business information to the investing public. On or around January 17, 2020, Lizhi conducted its initial public offering (&#8220;IPO&#8221;), issuing 4.1 million American depositary shares (&#8220;ADSs&#8221;) priced at $11.00 per ADS. Since the IPO, Lizhi&#8217;s ADS price has fallen precipitously. On November 9, 2020, after the market closed, Lizhi disclosed its financial results for the third quarter of 2020, which included revenue of $53.24 million, $0.77 million lower than consensus estimates. On this news, Lizhi\u2019s stock price fell &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-respected-investor-counsel-continues-to-investigate-securities-claims-against-lizhi-inc-encourages-investors-with-losses-in-excess-of-100k-to-contact-firm-lizi\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;ROSEN, RESPECTED INVESTOR COUNSEL, Continues to Investigate Securities Claims Against Lizhi Inc.; Encourages Investors with Losses in Excess of $100K to Contact Firm \u2013 LIZI&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-385584","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ROSEN, RESPECTED INVESTOR COUNSEL, Continues to Investigate Securities Claims Against Lizhi Inc.; Encourages Investors with Losses in Excess of $100K to Contact Firm \u2013 LIZI - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-respected-investor-counsel-continues-to-investigate-securities-claims-against-lizhi-inc-encourages-investors-with-losses-in-excess-of-100k-to-contact-firm-lizi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ROSEN, RESPECTED INVESTOR COUNSEL, Continues to Investigate Securities Claims Against Lizhi Inc.; Encourages Investors with Losses in Excess of $100K to Contact Firm \u2013 LIZI - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Nov. 19, 2020 (GLOBE NEWSWIRE) &#8212; Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Lizhi Inc. (NASDAQ: LIZI) resulting from allegations that Lizhi may have issued materially misleading business information to the investing public. On or around January 17, 2020, Lizhi conducted its initial public offering (&#8220;IPO&#8221;), issuing 4.1 million American depositary shares (&#8220;ADSs&#8221;) priced at $11.00 per ADS. Since the IPO, Lizhi&#8217;s ADS price has fallen precipitously. On November 9, 2020, after the market closed, Lizhi disclosed its financial results for the third quarter of 2020, which included revenue of $53.24 million, $0.77 million lower than consensus estimates. On this news, Lizhi\u2019s stock price fell &hellip; Continue reading &quot;ROSEN, RESPECTED INVESTOR COUNSEL, Continues to Investigate Securities Claims Against Lizhi Inc.; Encourages Investors with Losses in Excess of $100K to Contact Firm \u2013 LIZI&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-respected-investor-counsel-continues-to-investigate-securities-claims-against-lizhi-inc-encourages-investors-with-losses-in-excess-of-100k-to-contact-firm-lizi\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-19T21:16:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4OTU0MCMzODM2NzExIzIwMjA0MTE=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rosen-respected-investor-counsel-continues-to-investigate-securities-claims-against-lizhi-inc-encourages-investors-with-losses-in-excess-of-100k-to-contact-firm-lizi\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rosen-respected-investor-counsel-continues-to-investigate-securities-claims-against-lizhi-inc-encourages-investors-with-losses-in-excess-of-100k-to-contact-firm-lizi\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"ROSEN, RESPECTED INVESTOR COUNSEL, Continues to Investigate Securities Claims Against Lizhi Inc.; 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(NASDAQ: LIZI) resulting from allegations that Lizhi may have issued materially misleading business information to the investing public. On or around January 17, 2020, Lizhi conducted its initial public offering (&#8220;IPO&#8221;), issuing 4.1 million American depositary shares (&#8220;ADSs&#8221;) priced at $11.00 per ADS. Since the IPO, Lizhi&#8217;s ADS price has fallen precipitously. On November 9, 2020, after the market closed, Lizhi disclosed its financial results for the third quarter of 2020, which included revenue of $53.24 million, $0.77 million lower than consensus estimates. On this news, Lizhi\u2019s stock price fell &hellip; Continue reading \"ROSEN, RESPECTED INVESTOR COUNSEL, Continues to Investigate Securities Claims Against Lizhi Inc.; Encourages Investors with Losses in Excess of $100K to Contact Firm \u2013 LIZI\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-respected-investor-counsel-continues-to-investigate-securities-claims-against-lizhi-inc-encourages-investors-with-losses-in-excess-of-100k-to-contact-firm-lizi\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-19T21:16:49+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4OTU0MCMzODM2NzExIzIwMjA0MTE=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-respected-investor-counsel-continues-to-investigate-securities-claims-against-lizhi-inc-encourages-investors-with-losses-in-excess-of-100k-to-contact-firm-lizi\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-respected-investor-counsel-continues-to-investigate-securities-claims-against-lizhi-inc-encourages-investors-with-losses-in-excess-of-100k-to-contact-firm-lizi\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"ROSEN, RESPECTED INVESTOR COUNSEL, Continues to Investigate Securities Claims Against Lizhi Inc.; 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