71087131
OPMiss Rola
:
Thank you for contacting Kahn Swick & Foti, LLC regarding the pending securities class action concerning your shares of Cloopen Group Holding Ltd. While your economic loss isn’t enough to be selected “Lead Plaintiff” in this matter, if you are an investor who purchased shares during the class period and suffered a recognized loss, you will remain a member of the proposed class like hundreds of other shareholders. As a member of the class, you do not have to take any immediate action. There is no central “registration” or “list” for shareholders at this time. In the event this case is certified as a class action, which can often take years based upon the slow movement of the federal court system, the court will instruct the lawyers in charge to notify class members by sending out claim forms. Unfortunately, notice is often imperfect and many shareholders don’t get timely notified. YOU ARE RESPONSIBLE FOR FILING YOUR OWN CLAIM FORM. One way to assure that you remain informed of the status of this case and easily access any claim form for this, and hundreds of other securities class actions, is to register for portfolio monitoring services at www.claimsfiler.com. A first of its kind service for investors, you can link your transactions from your brokerage in a secure, read-only environment via Finicity, and get alerts to billions of dollars of settlements. There is a nominal charge to cover the costs of the service by Finicity and the brokerages.