ATLANTA, GA – – (Businesswire – December 11, 2019) – – Holzer & Holzer, LLC announces that a class action lawsuit has been filed on behalf of investors who purchased Baozun Inc. (“Baozun” or the “Company”) (NASDAQ: BZUN) securities between March 6, 2019 and November 20, 2019. The lawsuit alleges that Baozun failed to adequately disclose that 1) the Company was paid increased add-on fees by Huawei compared to the Company’s other brand partners, and 2) consequently, the Company reported revenue growth during the first half of 2019 which would be abruptly cut off after Baozun restructured its relationship with Huawei and Huawei decided to take a considerable portion of its online merchandizing in-house. The price of Baozun securities fell following the announcement. If you purchased shares of Baozun securities between March 6, 2019 and November 20, 2019 and suffered a loss on that investment, you are encouraged to contact Marshall P. Dees, Esq. at mdees@holzerlaw.com or Luke R. Kennedy at lkennedy@holzerlaw.com, or by toll-free telephone at (888) 508-6832 to discuss your legal rights.

Provide Your Information To Take Action

  • Plaintiff Certifies That:
    1. Plaintiff has reviewed the complaint and authorized its filing.
    2. Plaintiff did not acquire the security that is the subject of this action at the direction of plaintiff's counsel or in order to participate in this private action or any other litigation under the federal securities laws.
    3. Plaintiff is willing to serve as a representative party on behalf of a class, including providing testimony at deposition and trial, if necessary.
    4. Plaintiff represents and warrants that he/she/it is fully authorized to enter into and execute this certification.
    5. Plaintiff will not accept any payment for serving as a representative party on behalf of a class beyond the Plaintiff's pro rata share of any recovery, except such reasonable costs and expenses (including lost wages) directly relating to the representation of the class as ordered or approved by the court.
    6. Plaintiff has made no transaction(s) during the Class Period in the debt or equity securities that are the subject of this action except those set forth below:
  • Date PurchasedNumber of Shares AcquiredAcquisition Price Per Share 
  • Date SoldNumber of Shares SoldSelling Price Per Share 
  • Signed pursuant to the Uniform Electronic Transactions act as adopted by the various states and territories of the United States.
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