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Case Status:    DISMISSED    
On or around 09/26/2023 (Date of order of final judgment)

Filing Date: April 21, 2020

According to the Complaint, Jumei International Holding Limited retails beauty products, baby, children, and maternity products, light luxury products, and health supplements online.

On February 25, 2020, Jumei announced that it had entered into an agreement to be acquired by Super ROI Global Holding Limited ("Super ROI"), through Jumei Investment Holding Limited ("Purchaser"), through a tender offer and subsequent short-form merger for $2.00 per share, or $20.00 per American Depositary Share ("ADS"). Super ROI and Purchaser commenced the tender offer on February 26, 2020, and Jumei's Board of Directors caused Jumei to file a Schedule 14D-9 Solicitation/Recommendation Statement with the U.S. Securities and Exchange Commission on the same day. The tender offer expired on April 8, 2020, and Super ROI and Purchaser completed the acquisition on April 14, 2020.

The Complaint alleges violations of Section 14(e) and 20(a) of the Exchange Act based on alleged material misrepresentations and omissions in the Schedule 14D-9.

On September 4, 2020, the Court issued an Order appointing Lead Plaintiff and Counsel. Lead Plaintiff filed an amended Complaint on October 19. Defendants filed a Motion to Dismiss the amended Complaint on December 3.

On March 8, 2021, Lead Plaintiff filed a second amended Complaint. Defendants filed a Motion to Dismiss the second amended Complaint on March 31. On September 14, the Court issued an Order granting both Motions to Dismiss. Plaintiff was given leave to amend the Complaint.

Plaintiff never filed an amended Complaint, and on September 1, 2023, the Court issued an Order dismissing the case with prejudice. On September 26, the Court entered Judgment in favor of the Defendants.

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