UPCOMING DEADLINE ALERT: The Schall Law Firm Announces it is Investigating Claims Against Qudian Inc. and Encourages Investors with Losses to Contact the Firm
Qudian Inc. American Depositary Shares, each representing one Class A Ordinary Share (QD)
NASDAQ:AMEX Investor Relations:
ir.qudian.com
Company Research
Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Qudian Inc. (“Qudian” or “the Company”) (NYSE: QD) for violations of securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Qudian’s financial results for fiscal year 2019 were under threat due to regulatory changes in China. The Company was completely unprepared to mitigate risks associated with these changes. The Company’s loan portfolio suffered from a growing delinquency rate as a result. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Qudian, investors suffered damages.If you are a shareholder who suffered a loss, click here to participate.We also encourage you to contact Brian Schall of the
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