Canaan IPO Class Action: Shareholders Must Decide Who Will Represent Them By May

Cointelegraph

Published Apr 07, 2020 05:09PM ET

Updated Apr 07, 2020 06:40PM ET

Law firm Robbins Geller Rudman & Dowd LLP announced on April 7 that the lead plaintiff motion deadline in the Canaan securities IPO class action lawsuit was set for May 4, 2020.

The Canaan’s litigating stakeholders in the “Lemieux v. Canaan Inc.” case are expected to decide who will represent their interests, as they were accused that the initial public offering (IPO) carried out last November violated the Securities Act of 1933.

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