Press release
Investigation announced for Investors in shares of X Financial (NYSE: XYF)
An investigation for investors in X Financial (NYSE: XYF) shares over potential securities laws violations by X Financial.
Investors who purchased shares of X Financial (NYSE: XYF), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by X Financial regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
China based X Financial provides personal finance services in the People's Republic of China. X Financial reported that its annual Total Revenue rose from over 1.78 billion CNY in 2017 to over 3.54 billion CNY in 2018 and that its Net Income increased from 340.27 million CNY in 2017 to 883.11 million CNY in 2018. On or about September 19, 2018, X Financial sold 11 million shares of stock in its initial public stock offering (the "IPO"), at $9.50 a share raising $104,500,000 in new capital.
Since then shares of X Financial (NYSE: XYF) declined to as low as $2.47 per share on August 13, 2019.
On August 26, 2019, NYSE: XYF shares closed at $2.55 per share.
Those who purchased shares of X Financial (NYSE: XYF) have certain options and should contact the Shareholders Foundation.
Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Investigation announced for Investors in shares of X Financial (NYSE: XYF) here
News-ID: 1826773 • Views: …
More Releases from Shareholders Foundation
ALERT: Lawsuit filed for Investors who SOLD shares of Sina Corporation (formerly …
An investor, who sold shares of Sina Corporation (formerly NASDAQ: SINA) in the merger between Seina Corporation and TuSimple Holdings, Inc, filed a lawsuit over alleged violations of Federal Securities Laws by Sina Corporation (formerly NASDAQ: SINA in connection with certain allegedly false and misleading statements made.
If you sold a significant amount of shares of Sina Corporation (formerly NASDAQ: SINA) between October 13, 2020 and March 22, 2021, you have…
Lawsuit Alert: Investors who lost money with shares of Fluor Corporation (NYSE: …
An investor, who purchased shares of Fluor Corporation (NYSE: FLR), filed a lawsuit alleged violations of Federal Securities Laws by Fluor Corporation in connection with certain allegedly false and misleading statements.
Investors who purchased shares of Fluor Corporation (NYSE: FLR) have certain options and for certain investors are short and strict deadlines running. Deadline: November 14, 2025. NYSE: FLR investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779…
Investigation announced for Long-Term Investors in shares of Sable Offshore Corp …
An investigation was announced for long-term investors in shares of Sable Offshore Corp. (NYSE: SOC) concerning potential breaches of fiduciary duties by certain directors of Sable Offshore Corp.
Investors who are current long term investors in Sable Offshore Corp. (NYSE: SOC) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in…
Lawsuit filed for Investors who lost money with shares of Lantheus Holdings, Inc …
An investor, who purchased shares of Lantheus Holdings, Inc. (NASDAQ: LNTH), filed a lawsuit over alleged violations of Federal Securities Laws by Lantheus Holdings, Inc. in connection with certain allegedly false and misleading statements.
Investors who purchased shares of Lantheus Holdings, Inc. (NASDAQ: LNTH) have certain options and for certain investors are short and strict deadlines running. Deadline: November 10, 2025. NASDAQ: LNTH investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com…
More Releases for Financial
Financial Leasing Services Market Share, Size, Financial Summaries Analysis from …
Infinity Business Insights has recently released a comprehensive research report titled "Financial Leasing Services Market Insights, Extending to 2031." This publication spans over 110+ pages and offers an engaging presentation with visually appealing tables and charts that are self-explanatory. The worldwide Financial Leasing Services market is expected to grow at a booming CAGR of 6.3% during 2024-2031. It also shows the importance of the Financial Leasing Services market main players…
Global Financial Aid Management Software Market Streamlining Financial Assistanc …
Overview for the report "Financial Aid Management Software Market" Helps in providing scope and definations, Key Findings, Growth Drivers, and Various Dynamics by Infinitybusinessinsights.com. This report will help the viewer in Better Decision Making.
At a predicted CAGR of 10.9% from 2023 to 2028, The Market for Financial Assistance Management Software will increase from USD 1.07 billion in 2022 to USD X.XX billion by 2030. The market's expansion can be attributed…
What will be Driving Growth Financial Leasing Market 2027 | Bank Financial Leasi …
Financial Leasing Market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis.
Ask for…
Financial Leasing Market 2017 Analysis – CDB Leasing, ICBC Financial Leasing C …
A financial lease is a method used by a business for acquisition of equipment with payment structured over time. To give proper definition, it can be expressed as an agreement wherein the lessor receives lease payments for the covering of ownership costs. Moreover, the lessor holds the responsibility of maintenance, taxes, and insurance.
In this report, RRI studies the present scenario (with the base year being 2017) and the growth prospects…
Financial Leasing Market Is Booming | KLC Financial, SMFL Leasing, GM Financial, …
HTF MI recently introduced Global Financial Leasing Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Sumitomo Mitsui Finance and Leasing, Maldives, HNA Capital, KUKE S.A., KLC…
Financial Analytics Market: Banking & financial sector expected to make most of …
The Financial Analytics Market deals with the development, manufacture and distribution of financial analytics tools for enterprises of all kinds and sizes. Financial data analytics can be described as a set of tools, techniques and processes used to find out answers for various business questions as well as to forecast future scenarios regarding finance and the economy.
The services provided by the Financial Analytics Market are used for analyzing the equity…
