{"id":690801,"date":"2022-09-30T13:03:17","date_gmt":"2022-09-30T17:03:17","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ddl-investors-have-opportunity-to-lead-dingdong-cayman-limited-securities-fraud-lawsuit-4\/"},"modified":"2022-09-30T13:03:17","modified_gmt":"2022-09-30T17:03:17","slug":"ddl-investors-have-opportunity-to-lead-dingdong-cayman-limited-securities-fraud-lawsuit-4","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ddl-investors-have-opportunity-to-lead-dingdong-cayman-limited-securities-fraud-lawsuit-4\/","title":{"rendered":"DDL Investors Have Opportunity to Lead Dingdong (Cayman) Limited Securities Fraud Lawsuit"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n
\n LOS ANGELES<\/span>
\n <\/span>, Sept. 30, 2022<\/span><\/span> \/PRNewswire\/ — The Law Offices of Frank R. Cruz<\/span><\/a> announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Dingdong (Cayman) Limited (“Dingdong” or the “Company”) (NYSE: DDL<\/a>).<\/p>\n

\n Class Period: <\/b>
\n June 2021<\/span> IPO
Lead Plaintiff Deadline:<\/b>October 24, 2022<\/span><\/p>\n

If you are a shareholder who suffered a loss, click here<\/a> to participate.<\/p>\n

The complaint filed alleges that Defendants failed to disclose to investors\u00a0that: (1) Dingdong was actively flouting its food safety responsibilities, failing to deliver on its stated commitment to provide “fresh” groceries to customers historically disserved by supermarkets, traditional Chinese wet markets, or traditional e-commerce platforms; (2) Dingdong’s quality control measures, which were so heavily touted in the Registration Statement, were, in fact, inadequate, exposing Dingdong to an increased risk of regulatory and\/or governmental scrutiny and enforcement; and (3) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis at all relevant times.<\/p>\n

Follow us for updates on Twitter: twitter.com\/FRC_LAW<\/a>.<\/p>\n

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. \u00a0If you wish to\u00a0learn more\u00a0about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Frank R. Cruz<\/span>, of The Law Offices of Frank R. Cruz<\/span>, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California<\/span> 90067 at 310-914-5007, by email to info@frankcruzlaw.com<\/a>, or visit our website at www.frankcruzlaw.com<\/a>.\u00a0 If you inquire by email please include your mailing address, telephone number, and number of shares purchased.<\/p>\n

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p>\n

\n \"Cision\" View original content:https:\/\/www.prnewswire.com\/news-releases\/ddl-investors-have-opportunity-to-lead-dingdong-cayman-limited-securities-fraud-lawsuit-301637412.html<\/a><\/p>\n

SOURCE The Law Offices of Frank R. Cruz<\/span>, Los Angeles<\/span><\/p>\n<\/p><\/div>\n

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

PR Newswire LOS ANGELES , Sept. 30, 2022 \/PRNewswire\/ — The Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Dingdong (Cayman) Limited (“Dingdong” or the “Company”) (NYSE: DDL). Class Period: June 2021 IPOLead Plaintiff Deadline:October 24, 2022 If you are a shareholder who suffered a loss, click here to participate. The complaint filed alleges that Defendants failed to disclose to investors\u00a0that: (1) Dingdong was actively flouting its food safety responsibilities, failing to deliver on its stated commitment to provide “fresh” groceries to customers historically disserved by supermarkets, traditional Chinese wet markets, or traditional e-commerce platforms; (2) Dingdong’s quality control measures, which were so heavily touted … <\/p>\n

Continue reading “DDL Investors Have Opportunity to Lead Dingdong (Cayman) Limited Securities Fraud Lawsuit”<\/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-690801","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nDDL Investors Have Opportunity to Lead Dingdong (Cayman) Limited Securities Fraud Lawsuit - 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\/ddl-investors-have-opportunity-to-lead-dingdong-cayman-limited-securities-fraud-lawsuit-4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DDL Investors Have Opportunity to Lead Dingdong (Cayman) Limited Securities Fraud Lawsuit - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire LOS ANGELES , Sept. 30, 2022 \/PRNewswire\/ — The Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Dingdong (Cayman) Limited (“Dingdong” or the “Company”) (NYSE: DDL). Class Period: June 2021 IPOLead Plaintiff Deadline:October 24, 2022 If you are a shareholder who suffered a loss, click here to participate. The complaint filed alleges that Defendants failed to disclose to investors\u00a0that: (1) Dingdong was actively flouting its food safety responsibilities, failing to deliver on its stated commitment to provide “fresh” groceries to customers historically disserved by supermarkets, traditional Chinese wet markets, or traditional e-commerce platforms; (2) Dingdong’s quality control measures, which were so heavily touted … Continue reading "DDL Investors Have Opportunity to Lead Dingdong (Cayman) Limited Securities Fraud Lawsuit"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/ddl-investors-have-opportunity-to-lead-dingdong-cayman-limited-securities-fraud-lawsuit-4\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-30T17:03:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=LA89091&sd=2022-09-30\" \/>\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\\\/ddl-investors-have-opportunity-to-lead-dingdong-cayman-limited-securities-fraud-lawsuit-4\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ddl-investors-have-opportunity-to-lead-dingdong-cayman-limited-securities-fraud-lawsuit-4\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"DDL Investors Have Opportunity to Lead Dingdong (Cayman) Limited Securities Fraud Lawsuit\",\"datePublished\":\"2022-09-30T17:03:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ddl-investors-have-opportunity-to-lead-dingdong-cayman-limited-securities-fraud-lawsuit-4\\\/\"},\"wordCount\":348,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ddl-investors-have-opportunity-to-lead-dingdong-cayman-limited-securities-fraud-lawsuit-4\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=LA89091&sd=2022-09-30\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ddl-investors-have-opportunity-to-lead-dingdong-cayman-limited-securities-fraud-lawsuit-4\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ddl-investors-have-opportunity-to-lead-dingdong-cayman-limited-securities-fraud-lawsuit-4\\\/\",\"name\":\"DDL Investors Have Opportunity to Lead Dingdong (Cayman) Limited Securities Fraud Lawsuit - 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