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DiDi Global Inc. (NYSE: DIDI) Long Term Investor Investigation over potential Wrongdoing

10-22-2021 01:39 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in DiDi Global Inc. (NYSE: DIDI) shares.

An investigation on behalf of current long term investors in DiDi Global Inc. (NYSE: DIDI) shares.

An investigation on behalf of investors in shares of DiDi Global Inc. (NYSE: DIDI) concerning potential breaches of fiduciary duties by certain directors and officers of DiDi Global Inc.

Investors who are current long term investors in DiDi Global Inc. (NYSE: DIDI) 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 NYSE: DIDI stocks follows a lawsuit filed against DiDi Global Inc.over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: DIDI stocks, concerns whether certain DiDi Global 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 Southern District of New York the plaintiff alleges that the defendants failed to disclose to investors that DiDi’s apps did not comply with applicable laws and regulations governing privacy protection and the collection of personal information, that, as a result, the Company was reasonably likely to incur scrutiny from the Cyberspace Administration of China, that the Cyberspace Administration of China had already warned DiDi to delay its IPO to conduct a self-examination of its network security, that, as a result of the foregoing, DiDi’s apps were reasonably likely to be taken down from app stores in China, which would have an adverse effect on its financial results and operations, and that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

Those who purchased shares of DiDi Global Inc. (NYSE: DIDI) have certain options and should contact the Shareholders Foundation.

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 lawsuits, 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.

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