{"id":518076,"date":"2021-07-27T08:04:37","date_gmt":"2021-07-27T12:04:37","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/waterdrop-inc-investors-company-investigated-by-the-portnoy-law-firm\/"},"modified":"2021-07-27T08:04:37","modified_gmt":"2021-07-27T12:04:37","slug":"waterdrop-inc-investors-company-investigated-by-the-portnoy-law-firm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/waterdrop-inc-investors-company-investigated-by-the-portnoy-law-firm\/","title":{"rendered":"Waterdrop, Inc. Investors: Company Investigated by the Portnoy Law Firm"},"content":{"rendered":"

\nInvestors can contact the law firm at no cost to learn more about recovering their losses
\n<\/h2>\n
\n

LOS ANGELES, July 27, 2021 (GLOBE NEWSWIRE) — The Portnoy Law Firm<\/u><\/a> advises Waterdrop, Inc. (“Waterdrop” or the “Company”) (NYSE: WDH) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.<\/p>\n

Investors are encouraged to contact attorney Lesley F. Portnoy<\/u><\/a>,\u00a0by phone 310-692-8883 or email<\/u><\/a>: lesley@portnoylaw.com, to discuss their legal rights, or click here<\/u><\/a> to join the case via www.portnoylaw.com<\/u><\/a>. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors\u2019 options for pursuing claims to recover their losses.<\/p>\n

Waterdrop, on or about May 7, 2021, conducted its initial public offering (\u201cIPO\u201d), selling 30 million American Depositary Shares, priced at $12.00 per ADS, raising approximate $360 million. News outlets have reported following the IPO that Waterdrop received pushback on its capital markets plan from the China Banking and Insurance Regulatory Commission, which wanted the Waterdrop\u2019s listing postponed, which led to an acceleration of the revision of relevant cybersecurity review rules that now impact Waterdrop. Waterdrop\u2019s ADSs closed at $5.06 on July 26, 2021, representing a decline of $6.94 per ADS, or 57.83% since the IPO.<\/p>\n

Please visit our website<\/u><\/a> to review more information and submit your transaction information.<\/p>\n

The Portnoy Law Firm represents investors in pursuing claims arising from corporate wrongdoing. The Firm\u2019s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.<\/p>\n

Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com<\/u><\/a>
310-692-8883
www.portnoylaw.com<\/p>\n

Attorney Advertising<\/p>\n

\n
\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, July 27, 2021 (GLOBE NEWSWIRE) — The Portnoy Law Firm advises Waterdrop, Inc. (“Waterdrop” or the “Company”) (NYSE: WDH) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors. Investors are encouraged to contact attorney Lesley F. Portnoy,\u00a0by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors\u2019 options for pursuing claims to recover their losses. Waterdrop, on or about May 7, 2021, conducted its initial public offering … <\/p>\n

Continue reading “Waterdrop, Inc. Investors: Company Investigated by the Portnoy Law Firm”<\/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-518076","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nWaterdrop, Inc. Investors: Company Investigated by the Portnoy Law Firm - 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\/waterdrop-inc-investors-company-investigated-by-the-portnoy-law-firm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Waterdrop, Inc. 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