SAN DIEGO, Oct. 25, 2022 (GLOBE NEWSWIRE) — The law firm of Robbins Geller Rudman & Dowd LLP announces that the Jazen Class Action aimed to represent buyers of Yatsen Holding Limited (NYSE: YSG): (a) American Depository Shares (“ADSs”) between November 19, 2020 and March 10, 2022, both dates inclusive (the “Class Period” ); and/or (b) ADSs pursuant to or traceable to Yatsen’s registration statement on Form F-1 and related prospectus on Form 424B4 (collectively, the “Offering Documents”) issued in connection with Yatsen’s November 2020 initial public offering (the “IPO”) were issued. Titled Maeshiro v Yatsen Holding LimitedNo. 22-cv-08165 (SDNY), the Jazen In a class action lawsuit, Yatsen, certain of its officers and directors, the underwriter of the IPO and others are being charged with violations of the Securities Act of 1933 and/or the Securities Exchange Act of 1934.

If you have suffered significant losses and are the main plaintiff in the Jazen Class action, please provide your information here:

https://www.rgrdlaw.com/cases-yatsen-holding-limited-class-action-lawsuit-ysg.html

You can also contact a lawyer JC Sanchez of Robbins Geller by phone at 800/449-4900 or email [email protected]. List the plaintiff’s applications for the Jazen Class action must be filed with the court no later than November 22, 2022.

CASE CLAIMS: Yatsen is a China-based holding company engaged in the manufacture and sale of cosmetic and skin care products. On November 19, 2020, Yatsen filed the final prospectus for Yatsen’s IPO and made available to the investing public approximately 58.75 million ADSs at a price of $10.50 per ADS.

That Jazen The class action lawsuit alleges that the defendants misled investors into believing that Yatsen’s two largest and most historically significant brands, Perfect Diary and Little Ondinethrived, fueling Yatsen’s “healthy” revenue growth at the time of its IPO and…