Glancy Prongay & Murray LLP Continues Investigation on Behalf of Ideanomics Inc. Investors (IDEX)
Ideanomics, Inc. (IDEX)
Company Research
Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) continues its investigation on behalf of Ideanomics Inc. (“Ideanomics” or the “Company”) (NASDAQ: IDEX) investors concerning the Company and its officers’ possible violations of federal securities laws.If you are a shareholder who suffered a loss, click here to participate.If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, at 310-201-9150, Toll-Free at 888-773-9224, or by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com.On November 14, 2018, the Company announced that it would “phase out [its] oil trading and consumer electronics businesses, with the intention to fully divest these assets in the near future.” It also disclosed that it did “not anticipate meeting [its] EBITDA guidance of $35 million for fiscal year 2019” due to “costs asso
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