Please complete this form and list your purchase and sale transaction(s) for ZTO Express (Cayman) Inc. (NYSE: ZTO) publicly traded securities pursuant and/or traceable to the company’s initial public offering on or about October 27, 2016 (the “IPO”):
You may also contact James Maro, Esq. at (484) 270-1453; or you may submit your information via email at firstname.lastname@example.org, or you may click here to print a PDF of this form.
On August 14, 2017, the initial complaint in this securities class action was filed against ZTO Express Inc. (“ZTO” or the “Company”), and certain of ZTO’s directors, officers and underwriters, asserting violations of sections 11 and 15 of the Securities Act.
The Complaint alleges that ZTO’s Registration Statement and Prospectus filed in connection with its Initial Public Offering (“IPO”) touted purported advantages of ZTO’s “network partner” and “shared success” business model but omitted disclosing that, two quarters before the IPO, ZTO lowered its network transit fees to subsidize its network partners in response to increased operating costs, pricing pressure, competition and other negative market conditions.
Current Status of Case:
On July 17, 2019, the Court granted Defendant’s Motion to Dismiss Plaintiffs’ Complaint. On March 31, 2021, the Court denied Plaintiffs’ Motion for Leave to Amend and closed the case.
This action has concluded.
If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq. (484) 270-1453; or via e-mail at email@example.com. If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.