An investigation for investors in So-Young International Inc. (NASDAQ: SY) shares over potential securities laws violations by So-Young International Inc was announced.
San Diego, CA -- (SBWIRE) -- 10/22/2019 -- An investigation was announced concerning potential securities laws violations by So-Young International Inc. in connection with certain financial statements.
Investors who purchased shares of So-Young International Inc. (NASDAQ: SY), have certain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by So-Young International Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
China based So-Young International Inc. operates an online platform for discovering, evaluating, and reserving medical aesthetic services. On or about May 2, 2019, So-Young International Inc sold 13 million shares of stock in its initial public stock offering (the "IPO"), at $13.80 a share, raising $179,400,000 in new capital. However, since the IPO, So-Young International Inc stock has declined to as low as $8.53 per share on October 2, 2019.
On October 21, 2019, NASDAQ: SY shares closed at $8.97 per share.
Those who purchased shares of So-Young International Inc. (NASDAQ: SY) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in conftact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.