LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of Ruhnn Holding Limited (“Ruhnn” or the “Company”) (NASDAQ: RUHN) investors concerning the Company and its officers’ possible violations of federal securities laws.
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On or about April 3, 2019, Ruhnn completed its initial public offering (“IPO”) in which it sold over 10 million American Depositary Shares (“ADSs”) for $12.50 per share.
However, since the IPO, Ruhnn stock has traded as low as $7.07 per share, or 43% below the IPO price.
If you purchased Ruhnn securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley F. Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to email@example.com, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
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