{"id":684980,"date":"2022-09-14T05:48:42","date_gmt":"2022-09-14T09:48:42","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-dingdong-cayman-ltd-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-24-2022-nyse-ddl-2\/"},"modified":"2022-09-14T05:48:42","modified_gmt":"2022-09-14T09:48:42","slug":"shareholder-alert-the-gross-law-firm-notifies-shareholders-of-dingdong-cayman-ltd-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-24-2022-nyse-ddl-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-dingdong-cayman-ltd-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-24-2022-nyse-ddl-2\/","title":{"rendered":"SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Dingdong (Cayman) Ltd. of a Class Action Lawsuit and a Lead Plaintiff Deadline of October 24, 2022 &#8211; (NYSE: DDL)"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">NEW YORK<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Sept. 14, 2022<\/span><\/span> \/PRNewswire\/ &#8212; The Gross Law Firm issues the following notice to shareholders of <b>Dingdong (Cayman) Ltd..<\/b><\/p>\n<p>Shareholders who purchased shares of DDL during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.<\/p>\n<p class=\"prntac\">CONTACT US HERE:<\/p>\n<p class=\"prntac\">\n        <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3647400-2&amp;h=240993107&amp;u=https%3A%2F%2Fsecuritiesclasslaw.com%2Fsecurities%2Fdingdong-cayman-ltd-loss-form%2F%3Fid%3D31653%26from%3D4&amp;a=https%3A%2F%2Fsecuritiesclasslaw.com%2Fsecurities%2Fdingdong-cayman-ltd-loss-form%2F%3Fid%3D31653%26from%3D4\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/securitiesclasslaw.com\/securities\/dingdong-cayman-ltd-loss-form\/?id=31653&amp;from=4<\/a>\n      <\/p>\n<p class=\"prntal\">\n        <b>CLASS PERIOD: <\/b>This lawsuit is on behalf of persons who purchased, or otherwise acquired, Dingdong American Depository Shares pursuant or traceable to the F-1 registration statements and related prospectus on Form 424B4 issued in connection with Dingdong&#8217;s <span class=\"xn-chron\">June 2021<\/span> initial public stock offering.<\/p>\n<p>\n        <b>ALLEGATIONS: <\/b>According to the filed complaint, the registration statement and prospectus used to effectuate the Company&#8217;s initial public offering misstated and\/or omitted facts concerning Dingdong&#8217;s so-called commitment to ensuring the safety and quality of the food it distributes to the market. For example, despite claiming that it applies &#8220;stringent quality control across [its] entire supply chain to ensure product quality to [its] users,&#8221; Dingdong sold food past its sell-by date. Consequently, Dingdong was, in fact, no better at providing or assuring access to &#8220;fresh&#8221; groceries than the supermarkets, traditional Chinese wet markets, or traditional e-commerce platforms it repeatedly claimed to be displacing. Moreover, the foregoing conduct subjected Dingdong to an increased risk of regulatory and\/or governmental scrutiny and enforcement, all of which, once revealed, were likely to negatively impact Dingdong&#8217;s business, operations, and reputation.<\/p>\n<p>\n        <b>DEADLINE: <span class=\"xn-chron\">October 24, 2022<\/span><\/b> Shareholders should not delay in registering for this class action. Register your information here: <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3647400-2&amp;h=240993107&amp;u=https%3A%2F%2Fsecuritiesclasslaw.com%2Fsecurities%2Fdingdong-cayman-ltd-loss-form%2F%3Fid%3D31653%26from%3D4&amp;a=https%3A%2F%2Fsecuritiesclasslaw.com%2Fsecurities%2Fdingdong-cayman-ltd-loss-form%2F%3Fid%3D31653%26from%3D4\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/securitiesclasslaw.com\/securities\/dingdong-cayman-ltd-loss-form\/?id=31653&amp;from=4<\/a><\/p>\n<p>\n        <b>NEXT STEPS FOR SHAREHOLDERS: <\/b>Once you register as a shareholder who purchased shares of DDL during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is <span class=\"xn-chron\">October 24, 2022<\/span>. There is no cost or obligation to you to participate in this case.<\/p>\n<p>\n        <b>WHY GROSS LAW FIRM? <\/b>The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and\/or misleading statements or the omission of material information by a company lead to artificial inflation of the company&#8217;s stock. Attorney advertising. Prior results do not guarantee similar outcomes.<\/p>\n<p>\n        <b>CONTACT:<\/b><br \/>\n        <br \/>The Gross Law Firm<br \/>15 West 38th Street, 12th floor<br \/><span class=\"xn-location\">New York, NY<\/span>, 10018<br \/>Email: <a href=\"mailto:dg@securitiesclasslaw.com\" target=\"_blank\" rel=\"nofollow noopener\">dg@securitiesclasslaw.com<\/a><br \/>Phone: (646) 453-8903<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY72179&amp;sd=2022-09-14\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow noopener\" href=\"https:\/\/www.prnewswire.com\/news-releases\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-dingdong-cayman-ltd-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-24-2022--nyse-ddl-301623725.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-dingdong-cayman-ltd-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-24-2022&#8211;nyse-ddl-301623725.html<\/a><\/p>\n<p>SOURCE  The Gross Law Firm<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY72179&amp;Transmission_Id=202209140545PR_NEWS_USPR_____NY72179&amp;DateId=20220914\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK , Sept. 14, 2022 \/PRNewswire\/ &#8212; The Gross Law Firm issues the following notice to shareholders of Dingdong (Cayman) Ltd.. Shareholders who purchased shares of DDL during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https:\/\/securitiesclasslaw.com\/securities\/dingdong-cayman-ltd-loss-form\/?id=31653&amp;from=4 CLASS PERIOD: This lawsuit is on behalf of persons who purchased, or otherwise acquired, Dingdong American Depository Shares pursuant or traceable to the F-1 registration statements and related prospectus on Form 424B4 issued in connection with Dingdong&#8217;s June 2021 initial public stock offering. ALLEGATIONS: According to the filed complaint, the registration statement and prospectus used to effectuate the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-dingdong-cayman-ltd-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-24-2022-nyse-ddl-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Dingdong (Cayman) Ltd. of a Class Action Lawsuit and a Lead Plaintiff Deadline of October 24, 2022 &#8211; (NYSE: DDL)&#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-684980","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>SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Dingdong (Cayman) Ltd. of a Class Action Lawsuit and a Lead Plaintiff Deadline of October 24, 2022 - (NYSE: DDL) - 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\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-dingdong-cayman-ltd-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-24-2022-nyse-ddl-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Dingdong (Cayman) Ltd. of a Class Action Lawsuit and a Lead Plaintiff Deadline of October 24, 2022 - (NYSE: DDL) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK , Sept. 14, 2022 \/PRNewswire\/ &#8212; The Gross Law Firm issues the following notice to shareholders of Dingdong (Cayman) Ltd.. Shareholders who purchased shares of DDL during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https:\/\/securitiesclasslaw.com\/securities\/dingdong-cayman-ltd-loss-form\/?id=31653&amp;from=4 CLASS PERIOD: This lawsuit is on behalf of persons who purchased, or otherwise acquired, Dingdong American Depository Shares pursuant or traceable to the F-1 registration statements and related prospectus on Form 424B4 issued in connection with Dingdong&#8217;s June 2021 initial public stock offering. ALLEGATIONS: According to the filed complaint, the registration statement and prospectus used to effectuate the &hellip; Continue reading &quot;SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Dingdong (Cayman) Ltd. of a Class Action Lawsuit and a Lead Plaintiff Deadline of October 24, 2022 &#8211; (NYSE: DDL)&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-dingdong-cayman-ltd-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-24-2022-nyse-ddl-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-14T09:48:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY72179&amp;sd=2022-09-14\" \/>\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\\\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-dingdong-cayman-ltd-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-24-2022-nyse-ddl-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-dingdong-cayman-ltd-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-24-2022-nyse-ddl-2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Dingdong (Cayman) Ltd. of a Class Action Lawsuit and a Lead Plaintiff Deadline of October 24, 2022 &#8211; 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The Gross Law Firm issues the following notice to shareholders of Dingdong (Cayman) Ltd.. Shareholders who purchased shares of DDL during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https:\/\/securitiesclasslaw.com\/securities\/dingdong-cayman-ltd-loss-form\/?id=31653&amp;from=4 CLASS PERIOD: This lawsuit is on behalf of persons who purchased, or otherwise acquired, Dingdong American Depository Shares pursuant or traceable to the F-1 registration statements and related prospectus on Form 424B4 issued in connection with Dingdong&#8217;s June 2021 initial public stock offering. ALLEGATIONS: According to the filed complaint, the registration statement and prospectus used to effectuate the &hellip; Continue reading \"SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Dingdong (Cayman) Ltd. of a Class Action Lawsuit and a Lead Plaintiff Deadline of October 24, 2022 &#8211; (NYSE: DDL)\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-dingdong-cayman-ltd-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-24-2022-nyse-ddl-2\/","og_site_name":"Market Newsdesk","article_published_time":"2022-09-14T09:48:42+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY72179&amp;sd=2022-09-14","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\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-dingdong-cayman-ltd-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-24-2022-nyse-ddl-2\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-dingdong-cayman-ltd-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-24-2022-nyse-ddl-2\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Dingdong (Cayman) Ltd. of a Class Action Lawsuit and a Lead Plaintiff Deadline of October 24, 2022 &#8211; 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