Investor Notice: Lead Plaintiff Deadline in Dada Nexus Limited (DADA) Class Action Lawsuit

Kahn Swick & Foti, LLC, led by a former Louisiana Attorney General, has issued a shareholder alert for investors of Dada Nexus Limited (DADA), a local on-demand retail platform based in Shanghai, China. The law firm reminds shareholders who have incurred losses exceeding $100,000 that there is an upcoming lead plaintiff deadline in the class action lawsuit against Dada Nexus Limited.

Legal Proceedings Initiated

The alert concerns a lawsuit that has been filed on behalf of investors who purchased shares of Dada Nexus Limited and subsequently suffered significant financial losses. The litigation seeks to recover compensatory damages for the class members under federal securities laws.

Investment Considerations

Investors are encouraged to consider their options in light of the impending deadline. Those with substantial losses from investing in Dada Nexus Limited (DADA) shares should be aware that they have legal rights and claims that could potentially be addressed through the class action process.

Investor, Deadline, Lawsuit