Chinese Vape Co.'s IPO Hid Regulatory Risk, Says Class Suit

By Emilie Ruscoe (June 10, 2021, 4:54 PM EDT) -- Chinese vape company RLX Technology Inc., its brass and its underwriters were hit with a proposed class action in Manhattan federal court, accusing the company of failing to disclose that regulatory restrictions on its products would soon tighten in China as it held an initial public offering in January....

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