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Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until
Baozun and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On November 21, 2019, the Company disclosed 3Q2019 financial results that were below market expectations including revenue and earnings, as well as disappointing 4Q2019 financial guidance, due in part to the negative “impact from terminating our service agreement with one electronics brand.”
On this news, the price of Baozun’s shares plummeted.
If you purchased ADRs of Baozun and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (email@example.com), or fill out the form on this page.
The case is Snyder v. Baozun Inc. et al., No. 19-cv-11290. Click here to read the case complaint.