{"id":457140,"date":"2021-03-13T11:48:26","date_gmt":"2021-03-13T16:48:26","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=457140"},"modified":"2021-03-13T11:48:26","modified_gmt":"2021-03-13T16:48:26","slug":"breaking-notice-rosen-a-leading-and-ranked-firm-encourages-lizhi-inc-investors-to-secure-counsel-before-important-deadline-lizi","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/breaking-notice-rosen-a-leading-and-ranked-firm-encourages-lizhi-inc-investors-to-secure-counsel-before-important-deadline-lizi\/","title":{"rendered":"BREAKING NOTICE: ROSEN, A LEADING AND RANKED FIRM, Encourages Lizhi Inc. Investors to Secure Counsel Before Important Deadline \u2013 LIZI"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">NEW YORK, March  13, 2021  (GLOBE NEWSWIRE) &#8212; <strong>WHY: <\/strong>Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Lizhi Inc. (NASDAQ: LIZI) pursuant and\/or traceable to Lizhi\u2019s January 17, 2020 initial public offering (the \u201cIPO\u201d or the \u201cOffering\u201d) of the important <strong>March 22, 2021 lead plaintiff deadline<\/strong> in the securities class action first filed by the firm.<\/p>\n<p align=\"justify\">\n        <strong>SO WHAT:<\/strong> If you purchased Lizhi securities pursuant to the IPO you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.<\/p>\n<p align=\"justify\">\n        <strong>WHAT TO DO NEXT: <\/strong>To join the Lizhi class action, go to <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=uH731OIWYD94YxYY-hceoohwGcwrxFtMk4N6Zm1RCotJSw3Zy50jmuihDT_iAlp6aItNXgvKBLZz7gWk-jCYHbsAmtr22MEQAvz3AFl9XcmUDJhVmdIB0fcd7UTFdSfFn57kSPYq-5GoTZ5C5-RrxcuK1gwzqe3fM2y7yZ0PiaE=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">http:\/\/www.rosenlegal.com\/cases-register-1986.html<\/a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=qjSyEym4QQgyLGgcSP6cP4s_JwVBBp7MC5NrzMHa1cJPyZHrvSfjHrNm_fezIH7pUNLPR2qNQN0Wp5_9UxJIMJV9on7oKtF_ZII5vbG_uL0=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">pkim@rosenlegal.com<\/a> or <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=wBsfCqWJ4trbWbv8hQS1r4fIAhK_hu1tq7g2EIafCsySlsDWrVc9FMa3yw9LJrzhI_U_RA5pXfqDJHMD1fbmyfcm_UQBFasiI0ktHNGJ89g=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">cases@rosenlegal.com<\/a> for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court <strong>no later than March 22, 2021<\/strong>. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.<\/p>\n<p align=\"justify\">\n        <strong>WHY ROSEN LAW: <\/strong>We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience or resources. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. 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 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020 founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs\u2019 Bar. Many of the firm\u2019s attorneys have been recognized by Lawdragon and Super Lawyers.<\/p>\n<p align=\"justify\">\n        <strong>DETAILS OF THE CASE: <\/strong>The complaint alleges that the Registration Statement contained false and\/or misleading statements and\/or failed to disclose that: (1) at the time of the IPO, the coronavirus was already ravaging China, the home base, principal market, and significant hub for Lizhi, its employees, and its customers; (2) the complications associated with the coronavirus were already negatively affecting Lizhi\u2019s business, as employees and customers contracted the virus, lost employment, or otherwise experienced difficulty in generating, publishing, and monetizing the content critical to Lizhi\u2019s platform; (3) even prior to the IPO, Lizhi employees and customers complained of, and to, Lizhi, which harmed the Company\u2019s reputation and financial condition and prospects; and (4) as a result, defendants\u2019 public statements were materially false and\/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.<\/p>\n<p align=\"justify\">To join the Lizhi class action, go to <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=uH731OIWYD94YxYY-hceoohwGcwrxFtMk4N6Zm1RCotJSw3Zy50jmuihDT_iAlp6GO5Rp9RL42PxOX3mGyc48TNgFJBPUjb1bQgjPHuqsW4A5QvQH9PHnhHjlHLxuyI7JNZ7-6KdvBBoatxUKOJ-_OkciwB8pWLCMQGYrTWi_pM=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">http:\/\/www.rosenlegal.com\/cases-register-1986.html<\/a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=qjSyEym4QQgyLGgcSP6cP5piIjKtqBtSQEnPiEjwpEuPq_bD5zahezeKg8a_Hq6Ys-pR4SJav0NzqkT8B0hsWrfGhU7xqf0RJ0kmPpGRCaE=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">pkim@rosenlegal.com<\/a> or <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=wBsfCqWJ4trbWbv8hQS1r34p-RAnql91wgfdyMFMZaZ6QIymqppfZAY1jdfSjnTbBZMHQYw-fH0M_XdcBFwJS_oXNO6qZ3HIgdStWf3-8io=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">cases@rosenlegal.com<\/a> for information on the class action.<\/p>\n<p align=\"justify\">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\u2019s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.<\/p>\n<p align=\"justify\">Follow us for updates on LinkedIn: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=w6ifoDt-uoBDAObd2k_6j3yogdoIhPp1PP0-yf0Kq56gz5dN1SLE1d_E737xMcUOJNRQN4eWnsd-ct0XaTd2cQYHBjqLrzf6tYyNa9pjDaBwT1KcizlAXSpdAenIEF2SV4vedqPFY4aatOzkZNm8wLzqn1Kq_Wb-Idph_SCOkXc=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a>, on Twitter: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=w6ifoDt-uoBDAObd2k_6j9L4v_AQMXCeZr5DgZHqEOcWT11XHG7Qr3moLW66cWtaPaKYdo6Nxol09bngXDT06gwQg_UwjL9ip4BxmnkFsO05uWMMhcWyW59Cuelgl8o2\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/twitter.com\/rosen_firm<\/a> or on Facebook: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=w6ifoDt-uoBDAObd2k_6j8XJsaW9GN97sxz27rn4NFOlbYTMGt41ACTdGrpEZxV60d17raj16QxtwhNDifzWjoZZf9ve1bDuYZ4WB8HGDDmSi8VOLGXmm9Tw4vChIwXiwzGE2xjcKtsX-OzK4_AvPg==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.facebook.com\/rosenlawfirm\/<\/a>.<\/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>Contact Information:<\/p>\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Laurence Rosen, Esq.<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Phillip Kim, Esq.<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0The Rosen Law Firm, P.A.<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0275 Madison Avenue, 40th Floor<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0New York, NY 10016<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Tel: (212) 686-1060<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Toll Free: (866) 767-3653<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Fax: (212) 202-3827<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=0ENx0B_oZSrB-cf3EI_I6_1niVR6J9JfXCil4mAHh7o0j4580yR72qMAJTM90fzf2WLv8wvjgnS6SKM4IOAoMYoDwyUTF73iFPQ9sEDCF7o=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">lrosen@rosenlegal.com<\/a><br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=qjSyEym4QQgyLGgcSP6cP5YDVD3AcwqFk0jeSGJkMmMPE76VaBzDZO787vzsKE39LJ6IqicUbvj6OnlnvVFw7AWteSSiK35A7M7sJru59k0=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">pkim@rosenlegal.com<\/a><br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=wBsfCqWJ4trbWbv8hQS1rxoQiWFjylS4IOLGq33hQs2WPTFIzAWu_EpICN6miAXIe5dkNStAAPUyr1cWQts-fe23L8pzOUXtxaCDYd8wX0c=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">cases@rosenlegal.com<\/a><br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=YhufbDT7WnWPqPMSzmMnfm9RfqJcdkKxm0ACu72mtNLl-cK7qnMZHPp6SA7pKK-YaUq2z2lwILjjDxxOEhGX9I3eDgr7dzI7nJoCMYfj0sQ=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.rosenlegal.com<\/a><\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4OTUxMiM0MDYyMzgxIzIwMjA0MTE=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/096a2818-b9c0-4bb2-9e1c-714b463301d4\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, March 13, 2021 (GLOBE NEWSWIRE) &#8212; WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Lizhi Inc. (NASDAQ: LIZI) pursuant and\/or traceable to Lizhi\u2019s January 17, 2020 initial public offering (the \u201cIPO\u201d or the \u201cOffering\u201d) of the important March 22, 2021 lead plaintiff deadline in the securities class action first filed by the firm. SO WHAT: If you purchased Lizhi securities pursuant to the IPO 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 Lizhi class action, go to http:\/\/www.rosenlegal.com\/cases-register-1986.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/breaking-notice-rosen-a-leading-and-ranked-firm-encourages-lizhi-inc-investors-to-secure-counsel-before-important-deadline-lizi\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;BREAKING NOTICE: ROSEN, A LEADING AND RANKED FIRM, Encourages Lizhi Inc. Investors to Secure Counsel Before Important Deadline \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-457140","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BREAKING NOTICE: ROSEN, A LEADING AND RANKED FIRM, Encourages Lizhi Inc. Investors to Secure Counsel Before Important Deadline \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\/breaking-notice-rosen-a-leading-and-ranked-firm-encourages-lizhi-inc-investors-to-secure-counsel-before-important-deadline-lizi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BREAKING NOTICE: ROSEN, A LEADING AND RANKED FIRM, Encourages Lizhi Inc. Investors to Secure Counsel Before Important Deadline \u2013 LIZI - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, March 13, 2021 (GLOBE NEWSWIRE) &#8212; WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Lizhi Inc. (NASDAQ: LIZI) pursuant and\/or traceable to Lizhi\u2019s January 17, 2020 initial public offering (the \u201cIPO\u201d or the \u201cOffering\u201d) of the important March 22, 2021 lead plaintiff deadline in the securities class action first filed by the firm. SO WHAT: If you purchased Lizhi securities pursuant to the IPO 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 Lizhi class action, go to http:\/\/www.rosenlegal.com\/cases-register-1986.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or &hellip; Continue reading &quot;BREAKING NOTICE: ROSEN, A LEADING AND RANKED FIRM, Encourages Lizhi Inc. 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Investors to Secure Counsel Before Important Deadline \u2013 LIZI - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/breaking-notice-rosen-a-leading-and-ranked-firm-encourages-lizhi-inc-investors-to-secure-counsel-before-important-deadline-lizi\/","og_locale":"en_US","og_type":"article","og_title":"BREAKING NOTICE: ROSEN, A LEADING AND RANKED FIRM, Encourages Lizhi Inc. Investors to Secure Counsel Before Important Deadline \u2013 LIZI - Market Newsdesk","og_description":"NEW YORK, March 13, 2021 (GLOBE NEWSWIRE) &#8212; WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Lizhi Inc. (NASDAQ: LIZI) pursuant and\/or traceable to Lizhi\u2019s January 17, 2020 initial public offering (the \u201cIPO\u201d or the \u201cOffering\u201d) of the important March 22, 2021 lead plaintiff deadline in the securities class action first filed by the firm. SO WHAT: If you purchased Lizhi securities pursuant to the IPO 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 Lizhi class action, go to http:\/\/www.rosenlegal.com\/cases-register-1986.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or &hellip; Continue reading \"BREAKING NOTICE: ROSEN, A LEADING AND RANKED FIRM, Encourages Lizhi Inc. Investors to Secure Counsel Before Important Deadline \u2013 LIZI\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/breaking-notice-rosen-a-leading-and-ranked-firm-encourages-lizhi-inc-investors-to-secure-counsel-before-important-deadline-lizi\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-13T16:48:26+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4OTUxMiM0MDYyMzgxIzIwMjA0MTE=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/breaking-notice-rosen-a-leading-and-ranked-firm-encourages-lizhi-inc-investors-to-secure-counsel-before-important-deadline-lizi\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/breaking-notice-rosen-a-leading-and-ranked-firm-encourages-lizhi-inc-investors-to-secure-counsel-before-important-deadline-lizi\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"BREAKING NOTICE: ROSEN, A LEADING AND RANKED FIRM, Encourages Lizhi Inc. 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