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Didi Debacle Riles Lawmakers Who Seek to Block U.S. Investors from Trading Chinese Stocks

Mintz Member Jason Vigna was quoted extensively in an article published by MarketWatch on Didi Global after the Chinese government blocked new users from downloading the app, causing shares to fall more than 20%. Specifically, he discussed whether the company's broad disclosure of regulatory risks in its F-1 is enough to prevent the SEC and private investors from successfully taking action against the company for failure to disclose a specific ongoing investigation into the company or other violations of securities law.