LightInTheBox Holding Co., Ltd. is an international online retail company that delivers products to consumers in over 200 countries and territories.

According to the complaint, the securities class action is on behalf of all purchasers of the American Depository Shares ("ADSs") of LightlnTheBox between its June 6,2013 initial public stock offering ("IPO") and August 19, 2013, inclusive (the "Class Period").

Following an intense, multimonth roadshow, LightlnTheBox and its senior executives, assisted by investment banks Credit Suisse (USA) LLC and Stifel, Nicolaus & Company, Incorporated, which underwrote and helped the Company market the offering, completed the IPO, selling more than 9.5 million ADSs at $9.50 each and raising $90.7 million in gross proceeds for LightlnTheBox and its senior executives. LightlnTheBox issued and sold the first 8.3 million shares, along with another 192,368 shares sold as part of the underwriters' over-allotment. Defendant Guo and other LightlnTheBox directors and executives sold another 1,052,632 shares as part of the underwriters' over-allotment.

The registration statement, and the prospectus that formed part of the registration statement used to conduct the IPO (collectively, the "Registration Statement"), contained false and misleading statements.

On November 21, 2013, the Court issued an Order appointing lead Plaintiff and approving lead Counsel. Lead Plaintiff filed an amended and consolidated Complaint on January 17, 2014. An amended version of this Complaint was filed on March 14.

On September 4, 2014, the parties entered into a Stipulation of Settlement. This Settlement was preliminarily approved by the Court on November 26. The Court granted final approval of this Settlement on May 8, 2015 and directed the Clerk of Court to enter final judgment in this case.