Dingdong (Cayman) Limited American Depositary Shares (each two representing three Ordinary Shares) (NYSE: DDL)
Company Name:Dingdong (Cayman) Limited American Depositary Shares (each two representing three Ordinary Shares)
Stock Symbol:NYSE: DDL
Class Period Start:06/29/2021
Class Period End (inclusive):08/25/2022
The alleged false and misleading statements and omissions include, but are not limited to, that: (i) the Company was disregarding food safety responsibilities, failing to deliver on its stated commitment to provide “fresh” groceries to customers; (ii) the Company’s quality control measures were inadequate, exposing it to an increased risk of regulatory and/or governmental scrutiny and enforcement; and (iii) as a result of the foregoing, the Company’s Registration Statement was materially false and misleading at all relevant times.