Press release
Investigation announced for Investors in shares of LexinFintech Holdings Ltd. (NASDAQ: LX)
An investigation for investors in LexinFintech Holdings Ltd. (NASDAQ: LX) shares over potential securities laws violations.
Investors who purchased shares of LexinFintech Holdings Ltd. (NASDAQ: LX), 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 LexinFintech Holdings Ltd. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
China based LexinFintech Holdings Ltd., through its subsidiaries, operates as an online consumer finance platform for young professionals in the People's Republic of China. LexinFintech Holdings Ltd. reported that its annual Total Revenue rose from over 7.59 billion CNY in 2018 to over 10.6 billion CNY in 2019, and that its Net Income increased from over 1.97 billion CNY in 2018 to over 2.29 billion CNY in 2019.
On August 25, 2020, a research report was published on LexinFintech. The report alleged, among other things, that LexinFintech Holdings Ltd. reported "unfathomably low" delinquency rates by giving borrowers in default new funds to make payments and that LexinFintech Holdings Ltd. ( engaged in undisclosed related party transactions. Furthermore, according to the report, a review of the Company's web traffic calls into question the Company's purported growth.
Shares of LexinFintech Holdings Ltd. (NASDAQ: LX) $13.09 per share on July 8, 2020, to as low as $7.45 per share on August 31, 2020.
Those who purchased shares of LexinFintech Holdings Ltd. (NASDAQ: LX) 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 LexinFintech Holdings Ltd. (NASDAQ: LX) here
News-ID: 2125359 • 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 LexinFintech
Driven by AI agents and large models powering new quality productive forces, Lex …
Image: https://lh7-rt.googleusercontent.com/docsz/AD_4nXdNzyv5I65oN3nEtxFZ3BNmO7Gc4Pto3KhTMnaLyywIiPnyuPvuD_4wp0nZGmnk26qUBwdbBkFDl9GTN9Gxlfl46KOhGpjTVK398h9KVlV3I74LF22CoF3xbziVRhCmFs8Yqf0JoQ?key=jMxSu5td6eisww6ELJ1JFQ
On 26 June 2025, The Future of Finance China 2025 was held by The Asian Banker in Beijing. LexinFintech received The Asian Banker's "Best AI Technology for Financial Technology Company in China" in recognition of its pioneering innovations and applications in AI large models and agentbased automation.The Asian Banker awards are renowned for their rigor, with winners selected by an international panel of bankers, consultants, and academics through a…
Lexin Delivers Strong Q1 2025 Results with Profit at a Three-Year High, Highligh …
On May 22, LexinFintech Holdings Ltd. ("Lexin" or the "Company") (NASDAQ: LX), a leading new-consumer digital technology service enabler in China, released its unaudited financial results for the first quarter of 2025. The revenue reached RMB 3.1 billion, while profit (Non-GAAP EBIT) surged to RMB 580 million, up 104.7% year-over-year and 25.3% quarter-over-quarter. Against a backdrop of macroeconomic uncertainties, the Company has demonstrated strong resilience in business operation, achieving its…
Buy Now Pay Later Market Growing Remarkable Business Niche, Global Consumption, …
Buy Now Pay Later Market Research Report: A Brief
• The research report presents the market competitive landscape and consistent an in-depth analysis of the major key players in the market along with the impact of a covid-19 pandemic.
• Moreover, the research report also offers an in-depth insight into company profiles along with their production capacity, production values, production portfolio, product launches and brand promotions.
• Additionally, the report offers a comprehensive SWOT analysis…
China Cards and Payments Market Report-Growth with Industry Study, Detailed Anal …
The China Cards and Payments Market research report offers data regarding new recent developments, import/export analysis, value chain optimization, and trade regulations. In addition, other data like China Cards and Payments Market size, strategic market share, localized market players, analyses of opportunities in the emerging revenue pockets, strategic market growth, product launches, geographical expansions, and technological innovations are also encompassed in the China Cards and Payments Market.
Get FREE PDF Sample…
Investigation announced for Long-Term Investors in shares of LexinFintech Holdin …
An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of LexinFintech Holdings Ltd..
Investors who are current long term investors in LexinFintech Holdings Ltd. (NASDAQ: LX) 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 investors in NASDAQ: LX stocks follows a lawsuit filed against LexinFintech Holdings Ltd. over…
Deadline on Nov. 9th coming up in Lawsuit for Investors in shares LexinFintech H …
A deadline is coming up on November 9, 2020 in the lawsuit filed for certain investors of LexinFintech Holdings Ltd. (NASDAQ: LX).
Investors who purchased shares of LexinFintech Holdings Ltd. (NASDAQ: LX) have certain options and there are strict and short deadlines running. Deadline: November 9, 2020. NASDAQ: LX 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…
