Los Angeles, CA - 
(NewMediaWire) - October 14, 2021 - The Schall
Law Firm, a national shareholder rights
litigation firm, reminds investors of a class action lawsuit against Goldman
Sachs Group Inc. and Morgan Stanley on behalf of shareholders in Vipshop
Holdings Limited (“Vipshop” or “the Company”) (NYSE: VIPS) for violations of the
securities laws.
Investors who purchased the
Company's securities between March 22, 2021 and March 29, 2021, inclusive (the
''Class Period''), are encouraged to contact the firm before December 13,
2021.
If you are a shareholder who
suffered a loss, click here to participate.
We also encourage you to
contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite
2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of
charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.
The class, in this case, has
not yet been certified, and until certification occurs, you are not represented
by an attorney. If you choose to take no action, you can remain an absent class
member.
According to the Complaint,
Goldman Sachs Group Inc. and Morgan Stanley sold a large number of Vipshop
shares while in possession of material non-public information. The defendants
knew that Archegos Capital Management would need to fully liquidate its
position in Vipshop based on margin call pressures. The defendants avoided
billions in losses by selling the Company’s shares while in possession of this
information. When the market learned the truth about Vipshop, investors
suffered damages.
Join the case to recover your losses.
The Schall Law Firm represents
investors around the world and specializes in securities class action lawsuits
and shareholder rights litigation.
This press release may be
considered Attorney Advertising in some jurisdictions under the applicable law
and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
info@schallfirm.com
SOURCE:
The Schall Law Firm
