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April 29, 2020

In The News Today – March 28, 2020

U.S.-Listed Chinese Real Estate Firm Hit with Coronavirus-Related Securities Suit: A plaintiff shareholder has filed a U.S. securities class action lawsuit against a Chinese real estate firm whose American Depositary Shares (ADSs) are listed on the NYSE, based on allegations that the company’s January 2020 IPO documents failed to disclose the impact of the outbreak on the company’s residential real estate operations in China. (The D&O Diary)

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