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The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of DOYU, XP and HAFC

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NEW YORK, NY / ACCESSWIRE / May 19, 2020 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.

DouYu International Holdings Limited (DOYU)
Affected investors purchased DOYU stock in the initial public offering pursuant and/or traceable to the documents used by defendants to conduct that offering.
Lead Plaintiff Deadline: May 26, 2020

The DOYU lawsuit alleges that DouYu International Holdings Limited made materially false and/or misleading statements and/or failed to disclose that: as of the initial public offering: (i) DouYu's risks related to its top streamers had materialized, including that: (a) a top streamer was actively misrepresenting herself on DouYu's platform; and (b) costs associated with retaining top streamers was swelling; (ii) DouYu did not ensure that all of its products were fully compliant with current regulatory requirements before those products became available online; and (iii) key interactive features of DouYu's "lucky draw" were non-compliant with current regulatory requirements.

Learn about your recoverable losses in DOYU: http://www.kleinstocklaw.com/pslra-1/douyu-international-holdings-limited-loss-submission-form?id=6688&from=1

XP Inc. (XP)
The XP lawsuit is on behalf of shareholders who purchased or otherwise acquired XP's securities pursuant and/or traceable to the registration statement and related prospectus issued in connection with XP's December 2019 initial public offering.
Lead Plaintiff Deadline: May 20, 2020

The complaint alleges that during the class period XP Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) XP engaged in undisclosed related party transactions; (2) XP failed to disclose its common and large system failures and connected losses; (3) XP's aggressive IFA strategy was and is tenuous; (4) XP had material weaknesses; (5) XP fired its previous accounting firm due to that firm finding and disclosing material weaknesses; and (6) as a result, Defendants' public statements were materially false and misleading at all relevant times.

Learn about your recoverable losses in XP: http://www.kleinstocklaw.com/pslra-1/xp-inc-loss-submission-form?id=6688&from=1

Hanmi Financial Corporation (HAFC)
Class Period: August 12, 2019 - January 28, 2020
Lead Plaintiff Deadline: May 26, 2020

Throughout the class period, Hanmi Financial Corporation allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) the $40.7 million troubled loan that the Company disclosed on conference calls would necessitate further and future specific provisions for the Company - in the millions; (2) the same $40.7 million troubled loan would necessitate the Company to appraise and take personal property securing a portion of the amount of the loan; and (3) as a result, Defendants' public statements were materially false and misleading at all relevant times.

Learn about your recoverable losses in HAFC: http://www.kleinstocklaw.com/pslra-1/hanmi-financial-corporation-loss-submission-form?id=6688&from=1

Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. If you suffered a loss during the class period and wish to obtain additional information, please contact J. Klein, Esq. by telephone at 212-616-4899 or visit the webpages provided.

J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

SOURCE: The Klein Law Firm



View source version on accesswire.com:
https://www.accesswire.com/590527/The-Klein-Law-Firm-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders-of-DOYU-XP-and-HAFC