Deadline on March 23rd in Lawsuit for Investors in shares of Qudian Inc. (NYSE: QD)

The Shareholders Foundation announced that a deadline is coming up on March 23, 2020 in the lawsuit filed for certain investors of Qudian Inc. (NYSE: QD) over alleged securities laws violations by Qudian Inc.

Investors with a substantial investment in Qudian Inc. (NYSE: QD) shares between N, should get active before the Deadline that is coming up on March 23, 2020.

Investors who purchased shares of Qudian Inc. (NYSE: QD) have certain options and there are strict and short deadlines running. Deadline: March 23, 2020. NYSE: QD stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the Southern District of New York the plaintiff alleges on behalf of purchasers of Qudian Inc. (NYSE: QD) common shares between December 13, 2018 and January 15, 2020, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between December 13, 2018 and January 15, 2020, the Defendants made false and/or misleading statements and/or failed to disclose that regulatory developments in China threatened to negatively impact Qudian's fiscal full year 2019 ("FY19") financial results, that Qudian's business was unprepared to mitigate the risks associated with these regulatory changes, that as a result, Qudian's loan portfolio was plagued by growing delinquency rates, that all of the foregoing made Qudian's repeated assertions concerning its FY19 financial guidance unrealistic, and that as a result, the Company's public statements were materially false and misleading at all relevant times.

Those who purchased shares of Qudian Inc. (NYSE: QD) 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.