ReleaseWire

NYSE:YSG Investor Notice: Deadline on November 22, 2022 in Lawsuit Against Yatsen Holding Limited

A Deadline is coming up on November 22, 2022 in the lawsuit for certain investors in Yatsen Holding Limited (NYSE:YSG).

Posted: Thursday, November 17, 2022 at 11:15 AM CST

San Diego, CA -- (SBWire) -- 11/17/2022 --The Shareholders Foundation announced that a deadline is coming up on November 22, 2022in the lawsuit filed for certain investors of Yatsen Holding Limited (NYSE: YSG)

Investors who purchased shares of Yatsen Holding Limited (NYSE: YSG) have certain options and there are strict and short deadlines running. Deadline: November 22, 2022. NYSE: YSG stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The plaintiff alleges on behalf of purchasers of Yatsen Holding Limited (NYSE: YSG) common shares , that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that the defendants misled investors into believing that Perfect Diary and Little Ondine were thriving, thereby driving Yatsen Holding Limited's "healthy" top-line growth at the time of its IPO and quarter after quarter thereafter and that in truth, however, cosmetic and skincare sales of Perfect Diary and Little Ondine products were declining in the period leading up to (and including at the time of) the IPO and throughout 2021 and that moreover, as the truth about Yatsen Holding Limited's business reached the market, the value of the Company's shares declined dramatically, causing Yatsen Holding Limited investors to suffer significant damages.

Those who purchased shares of Yatsen Holding Limited (NYSE: YSG) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.