Press Release: Cloopen : Levi & Korsinsky, LLP Notifies Shareholders of Cloopen Group Holding ...

(PR-inside.com) NEW YORK, NY / ACCESSWIRE / November 14, 2023 / Levi & Korsinsky informs shareholders that a settlement has been reached in the pending class action lawsuit against Cloopen Group Holding Limited (NYSE:RAAS). The settlement provides for a fund of $12,000,000 to benefit class members. For the purposes of the settlement, the class is defined as: all persons or entities, except those who are excluded, who (a) purchased or otherwise acquired Cloopen ADSs pursuant or traceable to the Offering Documents issued in connection with Cloopen's IPO; and/or (b) purchased or otherwise acquired Cloopen ADSs between February 9, 2021 and May ..