GDS ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of August 21, 2023 in the Class Action Filed on Behalf of GDS Holdings Limited Shareholders

NEW YORK, July 11, 2023 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of GDS Holdings Limited (NASDAQ: GDS) alleging that the Company violated federal securities laws.

Class Period: April 12, 2021 to April 3, 2023
Lead Plaintiff Deadline: August 21, 2023
No obligation or cost to you.

Learn more about your recoverable losses in GDS:
https://www.kleinstocklaw.com/pslra-1/gds-holdings-lawsuit-loss-submission-form?id=41924&from=4

GDS Holdings Limited NEWS - GDS NEWS

CLASS ACTION CASE DETAILS: The filed complaint alleges that GDS Holdings Limited made materially false and/or misleading statements and/or failed to disclose that: (1) Defendant and GDS CEO William Wei had engaged in undisclosed pre-paid forward sale contract transactions as early as May 2020; (2) this presented a risk of Defendant Huang's ownership going below 5% of the Company's outstanding shares; (3) if Huang's ownership dipped below 5%, it would result in a change of control of the Company which, as the Company admitted, could result in disastrous consequences; and (4) as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in GDS Holdings you have until August 21, 2023 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

NO COST TO YOU: If you purchased GDS Holdings securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.

HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the GDS lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/gds-holdings-lawsuit-loss-submission-form?id=41924&from=4.

ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
J. Klein, Esq.
535 Fifth Avenue
4th Floor
New York City, NY 10017
[email protected]
Telephone: (212) 616-4899
www.kleinstocklaw.com

SOURCE The Klein Law Firm

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