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GARNETT v. RLX TECHNOLOGY INC.

21 Civ. 5125 (PAE).

632 F.Supp.3d 574 (2022)

Alex GARNETT, Individually and on Behalf of All Others Similarly Situated, Plaintiff, v. RLX TECHNOLOGY INC., Ying (Kate) Wang, Long (David) Jiang, Yilong Wen, Yueduo (Rachel) Zhang, Colleen A. DeVries, Cogency Global Inc., Citigroup Global Markets Inc., and China Renaissance Securities (Hong Kong) Limited, Defendants.

United States District Court, S.D. New York.

Signed September 30, 2022.

Attorney(s) appearing for the Case

Thomas Livezey Laughlin, IV , Scott + Scott, L.L.P., New York, NY, for Plaintiff.

Scott D. Musoff , Michael Charles Griffin , Robert Alexander Fumerton , Skadden, Arps, Slate, Meagher & Flom LLP, New York, NY, for Defendants Colleen A. Devries, Congency Global Inc., RLX Technology Inc.

Susanna Michele Buergel , Daniel Shiah Sinnreich , Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York, NY, for Defendants Citigroup Global Markets Inc., China Renaissance Securities (Hong Kong) Limited.

OPINION & ORDER

In this putative class action, plaintiffs bring strict liability claims under federal securities law against China-based e-cigarette1 company RLX Technology Inc. ("RLX"), certain RLX officers and directors, the financial services companies that served...

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