KSF News, Updates, & Insights

KSF Appointed Lead Counsel in Waterdrop Inc. Securities Litigation

On December 8, 2021, the Hon. Vernon S. Broderick, United States District Judge for the Southern District of New York, entered an Order approving the selection of KSF as Lead Counsel for the putative Class Sandoz v. Waterdrop Inc. et al., Case No. 1:21-cv-7683-VSB (S.D.N.Y.).  Waterdrop and certain of its executives are charged with violating the federal securities laws through misrepresentations and omissions concerning the Company’s short-term financial results leading up to the Company’s Initial Public Offering.