Press release
Deadline on Nov. 9th coming up in Lawsuit for Investors in shares LexinFintech Holdings Ltd. (NASDAQ: LX)
A Deadline is coming up on November 9, 2020 in the lawsuit for certain investors in 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 Court for the District of Oregon over the plaintiff alleges on behalf of purchasers of LexinFintech Holdings Ltd. (NASDAQ: LX) common shares between April 30, 2019 and August 24, 2020, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between April 30, 2019 and August 24, 2020, the defendants made false and/or misleading statements and/or failed to disclose that LexinFintech reported artificially low delinquency rates by giving borrowers in default new funds to make payments, that the Company’s business model exposes shareholders to enormous losses by prioritizing Chinese lenders for off-balance sheet loans, that the Company exaggerated its user base, that the Company was facilitating direct peer to peer lending contrary to Chinese law, that the Company engaged in undisclosed related party transactions, that the Company lacked adequate internal controls, and that as a result, defendants’ public statements were materially false and/or misleading at all relevant times.
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 Deadline on Nov. 9th coming up in Lawsuit for Investors in shares LexinFintech Holdings Ltd. (NASDAQ: LX) here
News-ID: 2176395 • Views: …
More Releases from Shareholders Foundation
Lawsuit for Investors in Sonder Holdings Inc. (NASDAQ: SOND) filed in effort to …
An investor, who purchased shares of Sonder Holdings Inc. (NASDAQ: SOND), filed a lawsuit over alleged violations of Federal Securities Laws by Sonder Holdings Inc in connection with certain allegedly false and misleading statements.
Investors who purchased shares of Sonder Holdings Inc. (NASDAQ: SOND) have certain options and for certain investors are short and strict deadlines running. Deadline: June 10, 2024. NASDAQ: SOND investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com…
Lawsuit filed for Investors in Ocugen, Inc. (NASDAQ: OCGN) in effort to recover …
An investor, who purchased shares of Ocugen, Inc. (NASDAQ: OCGN), filed a lawsuit i over alleged violations of Federal Securities Laws by Ocugen, Inc..
Investors who purchased shares of Ocugen, Inc. (NASDAQ: OCGN) have certain options and for certain investors are short and strict deadlines running. Deadline: June 10, 2024. NASDAQ: OCGN investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
Malvern, PA based Ocugen, Inc., a…
Investors who lost money with shares of Evolv Technologies Holdings, Inc. (NASDA …
An investor, who purchased shares of Evolv Technologies Holdings, Inc. (NASDAQ: EVLV), filed a lawsuit in the U.S. District Court for the District of Massachusetts over alleged violations of Federal Securities Laws by Evolv Technologies Holdings, Inc. f/k/a NewHold Investment Corp.
Investors who purchased shares of Evolv Technologies Holdings, Inc. (NASDAQ: EVLV) have certain options and for certain investors are short and strict deadlines running. Deadline: May 24, 2024. NASDAQ: EVLV…
Investigation announced for Investors who purchased shares of Comtech Telecommun …
Comtech Telecommunications Corp is under investigation over potential securities laws violations in connection with certain financial statements.
Investors who purchased shares of Comtech Telecommunications Corp. (NASDAQ: CMTL), 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 Comtech Telecommunications Corp. regarding its business, its prospects and its operations were materially false…
More Releases for LexinFintech
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 Buy Now Pay Later Market (2021–2028) | Key Market Opportunities | Analys …
The Chinese buy now, pay later (BNPL) market has emerged as one of the fastest-growing markets in the Asia-Pacific region. According to PayNXT360’s Q2 2021 BNPL Survey, BNPL payment in the country is expected to grow by 51.3% on annual basis to reach US$ 82,782.0 million in 2021. Significant growth in e-commerce transactions and increased popularity among a large population are some of the key factors that attracted large investments…
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…
Cards and Payments Market in China May See a Big Move | Major Giants Bank of Chi …
HTF Market Intelligence released a new research Study of 90 pages on title 'China Cards and Payments - Opportunities and Risks to 2024' with in-depth analysis, forecast and business moves. The market Study is segmented by key a region that is accelerating the marketization. The study covers key regions that includes China and important players such as China Construction Bank, Agricultural Bank of China, Postal Savings Bank of China, Industrial…
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…
Lawsuit filed for Investors in shares of LexinFintech Holdings Ltd. (NASDAQ: LX)
An investor, who purchased shares of LexinFintech Holdings Ltd. (NASDAQ: LX), filed a lawsuit over alleged violations of Federal Securities Laws by LexinFintech Holdings Ltd.
Investors who purchased shares of LexinFintech Holdings Ltd. (NASDAQ: LX) have certain options and for certain investors are short and strict deadlines running. Deadline: November 9, 2020. NASDAQ: LX investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
China based LexinFintech Holdings…
