LOS ANGELES–(BUSINESS WIRE)–$YJ—Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of Yunji Inc. (“Yunji” or the “Company”) (NASDAQ: YJ) investors concerning the Company and its officers’ possible violations of federal securities laws.
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In May 2019, Yunji held its initial public offering (“IPO”), in which it sold 11 million American Depositary Shares (“ADSs”) for $11 per share.
However, since the IPO, Yunji stock has traded as low as $4.91, or nearly 55% below the IPO price.
If you purchased Yunji shares, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley F. Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to [email protected], or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
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