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JIANG v. BLUECITY HOLDINGS LTD.

Case No. 21-CV-4044-FB-CLP.

688 F.Supp.3d 40 (2023)

Junhui JIANG, individually and on behalf of all others similarly situated, Plaintiff, v. BLUECITY HOLDINGS LIMITED, Baoli Ma, Zhiyong (BEN) Li, Zhe Wei, Wei Ying, Colleen A. De Vries, AMTD Global Markets Limited, Loop Capital Markets LLC, Tiger Brokers (NZ) Limited, Prime Number Capital LLC, R.F. Lafferty & Co., Inc., and Cogency Global, Inc., Defendants.

United States District Court, E.D. New York.

Signed August 22, 2023.

Attorney(s) appearing for the Case

For the Plaintiff: NICHOLAS I. PORRITT, MAX E. WEISS, Levi & Korsinsky, LLP, 55 Broadway, 10th Floor, New York, New York 10006.

For Defendant BlueCity Holdings: MICHAEL B. CARLINSKY, XIAO LIU, JACOB J. WALDMAN, JIANJIAN YE, Quinn Emanuel Urquhart & Sullivan, 51 Madison Avenue, 22nd Floor, New York, New York 10010.

For Defendants Colleen A, DeVries and Cogency Global, Inc.: JOANNA A. DIAKOS, K&L Gates LLP, 599 Lexington Avenue, New York, New York 10022.

MEMORANDUM AND ORDER

In this class action under the Securities Act of 1933, the plaintiff alleges that documents issued in connection with the initial public offering ("IPO") of shares in defendant BlueCity Holdings Limited ("BlueCity") contained false and misleading statements. Of the...

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