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CLASS ACTION UPDATE for DOYU, VMW and GSX: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

NEW YORK, NY / ACCESSWIRE / April 28, 2020 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.

DOYU Shareholders Click Here: https://www.zlk.com/pslra-1/douyu-international-holdings-limited-loss-form?prid=6231&wire=1
VMW Shareholders Click Here: https://www.zlk.com/pslra-1/vmware-inc-loss-form?prid=6231&wire=1
GSX Shareholders Click Here: https://www.zlk.com/pslra-1/gsx-techedu-inc-loss-form?prid=6231&wire=1

* ADDITIONAL INFORMATION BELOW *

DouYu International Holdings Limited (NASDAQ:DOYU)

DOYU Lawsuit on behalf of: investors who purchased stock in the initial public offering pursuant and/or traceable to the documents used by defendants to conduct the initial public offering.
Lead Plaintiff Deadline : May 26, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/douyu-international-holdings-limited-loss-form?prid=6231&wire=1

According to the filed complaint, 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.

VMware, Inc. (NYSE: VMW)

VMW Lawsuit on behalf of: investors who purchased March 30, 2019 - February 27, 2020
Lead Plaintiff Deadline : June 1, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/vmware-inc-loss-form?prid=6231&wire=1

According to the filed complaint, during the class period, VMware, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) VMware's reporting with respect to its backlog of unfilled orders was not in compliance with all relevant accounting and disclosure requirements; (ii) the foregoing subjected the Company to a foreseeable risk of heightened regulatory scrutiny and/or investigation; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

GSX Techedu Inc. (NYSE: GSX)

GSX Lawsuit on behalf of: investors who purchased June 6, 2019 - April 13, 2020
Lead Plaintiff Deadline : June 16, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/gsx-techedu-inc-loss-form?prid=6231&wire=1

According to the filed complaint, during the class period, GSX Techedu Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) GSX overstated its profitability, revenue, student enrollment figures, teacher qualifications, and teacher selection process; (ii) the foregoing, once revealed, was foreseeably likely to have a material negative impact on the Company's financial results; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

You have until the lead plaintiff deadlines to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP



View source version on accesswire.com:
https://www.accesswire.com/587379/CLASS-ACTION-UPDATE-for-DOYU-VMW-and-GSX-Levi-Korsinsky-LLP-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders

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