June 18, 2021
Business News

SHAREHOLDER ALERT: Robbins LLP Announces that RLX Technology Inc. (RLX) is Being Sued for Misleading Shareholders

SAN DIEGO & NEW YORK–()–Shareholder rights law firm Robbins LLP announces that a class action has been filed on behalf of all purchasers of RLX Technology Inc. (NYSE: RLX) American Depository Shares (“ADS”) pursuant or traceable to its January 2021 initial public offering (“IPO”). The complaint asserts claims under the Securities Act of 1933. RLX purports to be the “No. 1 branded e-vapor company in China.”

If you suffered a loss due to RLX Technology Inc.’s misconduct, click here.

RLX Technology Inc. (RLX) Made Misstatements Regarding Its Business Prospects

According to the complaint, the Registration Statement contained untrue statements of material fact. Specifically, the Registration Statement omitted…

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