INVESTOR ACTION REMINDER: Scott+Scott Attorneys at Law LLP Announces Investigation into Yatsen Holding Ltd (YSG)

New York, New York--(Newsfile Corp. - September 9, 2022) - Scott+Scott Attorneys at Law LLP ("Scott+Scott"), an international shareholder and consumer rights litigation firm, is investigating whether Yatsen Holding Ltd ("Yatsen" or the "Company") (NYSE: YSG) or certain of its officers and directors violated federal securities laws.

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Yatsen operates in the fast-growing China cosmetics market.

On or about November 19, 2020, Yatsen commenced an IPO, issuing 67,562,500 American Depository Shares (ADS) to the investing public at $10.50 per share (the "IPO Price").

By February 5, 2021, Yatsen's ADS hit a high of $24.55 per ADS. Since then, Yatsen's shares have declined over 98%, to currently trade around $0.44 per ADS, or $24.11 below the IPO Price.

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If you purchased Yatsen ADS in the IPO, or otherwise acquired Yatsen ADS, and have suffered a loss, realized or unrealized, and you wish to discuss this investigation, please contact attorney attorney Jonathan Zimmerman at (888) 398-9312 or at jzimmerman@scott-scott.com.

About Scott+Scott Attorneys at Law LLP

Scott+Scott has significant experience in prosecuting major securities, antitrust, and employee retirement plan actions throughout the United States. The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Connecticut, California, and Ohio.

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CONTACT:

Scott+Scott Attorneys at Law LLP
Jonathan Zimmerman
(888) 398-9312
jzimmerman@scott-scott.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/136508