openPR Logo
Press release

Investigation for Long-Term investors in NASDAQ: KNDI shares over possible Wrongdoing at Kandi Technologies Group Inc

09-25-2020 12:57 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in Kandi Technologies Group Inc (NASDAQ: KNDI) shares.

An investigation on behalf of current long term investors in Kandi Technologies Group Inc (NASDAQ: KNDI) shares.

An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Kandi Technologies Group Inc.

Investors who are current long term investors in Kandi Technologies Group Inc (NASDAQ: KNDI) 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 NASDAQ: KNDI stocks follows a lawsuit filed against Kandi Technologies Group Inc over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: KNDI stocks, concerns whether certain Kandi Technologies Group Inc directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Central District of California the plaintiff alleges that the Defendants failed to disclose to investors that certain areas in the Company’s previously issued financial statements for the years ended December 31, 2015 and 2014, and the first three quarters for the year ended December 31, 2016 required adjustment, that in turn, the Company lacked effective controls over financial reporting, and that as a result, Defendants’ statements about the Company’s business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times

Those who purchased shares of Kandi Technologies Group Inc (NASDAQ: KNDI) have certain options and should contact the Shareholders Foundation.

Media Contact:
Christopher Clausen
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 for Long-Term investors in NASDAQ: KNDI shares over possible Wrongdoing at Kandi Technologies Group Inc here

News-ID: 2142164 • Views: 373

More Releases from Shareholders Foundation

Investigation announced for Long Term Investors in shares of J2 Global, Inc. (NA …
An investigation was announced over potential breaches of fiduciary duties by certain directors and officers of J2 Global, Inc.. Investors who are current long term investors in J2 Global, Inc. (NASDAQ: JCOM) 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 NASDAQ: JCOM stocks follows a lawsuit filed against J2
Deadline on November 2, 2020 coming up in Lawsuit for Investors in shares of Ult …
A deadline is coming up on November 2, 2020 in the lawsuit filed for certain investors of Ultra Petroleum Corp (OTC: UPLCQ) over alleged securities laws violations by Ultra Petroleum Corp. Investors who purchased shares of Ultra Petroleum Corp (OTC: UPLCQ) have certain options and there are strict and short deadlines running. Deadline: November 2, 2020. OTC: UPLCQ stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 -
Investigation announced for Long-Term Investors in shares of Lizhi Inc. (NASDAQ: …
An investigation was announced over potential breaches of fiduciary duties by certain directors at Lizhi Inc. Investors who purchased shares of Lizhi Inc. (NASDAQ: LIZI) 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 concerns whether certain Lizhi Inc. (NASDAQ: LIZI officers and directors breached their fiduciary duties and caused damage to the company and its shareholders. China based
Investigation announced for Long-Term Investors in shares of Funko, Inc. (NASDAQ …
Certain directors of Funko, Inc. are under investigation over potential breaches of fiduciary duties. Investors who purchased shares of Funko, Inc. (NASDAQ: FNKO) 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 concerns whether certain Funko, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders. On March 10, 2020, a lawsuit was filed

All 5 Releases


More Releases for Kandi

Lawsuit filed for Investors in shares of Kandi Technologies Group Inc (NASDAQ: K …
An investor, who purchased shares of Kandi Technologies Group Inc (NASDAQ: KNDI), filed a lawsuit over alleged violations of Federal Securities Laws by Kandi Technologies Group. Investors who purchased shares of Kandi Technologies Group Inc (NASDAQ: KNDI) have certain options and for certain investors are short and strict deadlines running. Deadline: August 10, 2020. NASDAQ: KNDI investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. On November
Global Hybrid Cars Market Industry has Tremendous Growth by Major Key Players - …
Global Hybrid Cars Market 2025: Global Hybrid Cars Industry Market professional research 2015-2025, is a report which provides the details about industry overview, industry chain, market size (sales, revenue, and growth rate), gross margin, major manufacturers, development trends and forecast. PDF Copy Available at Disconted Price Check Discount @ https://www.marketgrowthinsight.com/discount/88579 The Global Hybrid Cars Market will reach xxx Million USD in 2020 with CAGR xx% 2020-2025. The objective of report is to
Global E-Mobility Market, Top key players are Autobleue, Bolloré, CityCar, City …
Global E-Mobility Market Forecast 2018 – 2025 The Global E-Mobility 2018 Market Research Report is a professional and in-depth study on the current state of E-Mobility Market. The report provides a basic overview of the industry including definitions and classifications. The E-Mobility analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Get sample copy of this report: https://bit.ly/2Wj5tHt Some of the key players operating
Micro Evs Market: Comprehensive study explores Huge Growth in Future | Key Playe …
HTF MI recently introduced North America Micro Evs 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 Yogomo, Shifeng, Textron, Dojo, Byvin, Polaris, Lichi, Baoya, Tangjun, Yamaha,
Low Speed Electric Vehicles Market Size Estimation 2017-2022 Shifeng, Renault, T …
Low Speed Electric Vehicles Market Research Report A market study based on the " Low Speed Electric Vehicles Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Low Speed Electric Vehicles Market 2017’. The research report analyses the historical as well as present performance of the worldwide Low Speed Electric Vehicles industry, and makes predictions on the future status of Low Speed Electric
Global Hybrid Cars and EVs Market 2017 : Nissan, BMW, Mitsubishi, Renault, ZOTYE …
A market study based on the "Hybrid Cars and EVs Market" across the globe, recently added to the repository of Market Research, is titled ‘Global Hybrid Cars and EVs Market 2017’. The research report analyses the historical as well as present performance of the worldwide Hybrid Cars and EVs industry, and makes predictions on the future status of Hybrid Cars and EVs market on the basis of this analysis. Global Hybrid