Scott+Scott Attorneys at Law LLP Announces Investigation into RLX Technology Inc. (RLX)
NEW YORK–(BUSINESS WIRE)–#RLX—Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international shareholder and consumer rights litigation firm, is investigating whether RLX Technology Inc. (“RLX” or the “Company”) (NYSE: RLX) and certain of its officers and directors violated federal securities laws. If you purchased or otherwise own RLX shares, and have suffered a loss, you are encouraged to contact Jonathan Zimmerman at (888) 398-9312 for more information.
RLX claims to be the leading branded e-vapor company in China.
On or about January 22, 2021, RLX went public issuing over 116 million American Depository Shares (ADS) at $12 per ADS (the “Offering Price”), generating gross proceeds of nearly $1.4 billion.
By March 2021, the Company’s stock began trading below the Offering Price. On June 2, 2021, RLX shares closed at $11.22 per share.
What You Can Do
If you purchased or otherwise own RLX stock, and you wish to discuss this investigation, please contact attorney Jonathan Zimmerman at (888) 398-9312, or at [email protected], or visit the RLX investigation page on our website at https://scott-scott.com/investigation/rlx-technology-inc/.
About Scott+Scott Attorneys at Law LLP
Scott+Scott has significant experience in prosecuting major securities, antitrust, and employee retirement plan actions throughout the United States. The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Amsterdam, Connecticut, California, Virginia, and Ohio.
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Contacts
Jonathan Zimmerman
Scott+Scott Attorneys at Law LLP
230 Park Ave, 17th Fl, NY, NY 10169
(888) 398-9312
[email protected]
