EQUITY ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Involving Possible Securities Fraud Violations by Certain Officers and Directors of Kanzhun Limited
July 07, 2021 2:22 PM EDT | Source: Levi & Korsinsky, LLP
New York, New York--(Newsfile Corp. - July 7, 2021) - Levi & Korsinsky notifies investors that it has commenced an investigation of Kanzhun Limited ("Kanzhun" or the "Company") (NASDAQ: BZ) concerning possible violations of federal securities laws.
On July 5, 2021, Kanzhun issued a press release entitled "KANZHUN LIMITED Announces Cybersecurity Review in China" which announced that "pursuant to the announcement posted by the Cyberspace Administration of China on July 5, 2021, the Company is subject to cybersecurity review by the authority. During the review period, 'BOSS Zhipin' app is required to suspend new user registration in China to facilitate the process."
On this news, the Company's ADS price fell sharply during intraday trading on July 6, 2021, the next trading day. To obtain additional information, go to:
https://www.zlk.com/pslra-1/kanzhun-limited-information-request-form
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/89685