There were 1,607 press releases posted in the last 24 hours and 413,956 in the last 365 days.

UXIN REMINDER:  Zhang Investor Law Reminds of Deadline in Securities Class Action Lawsuit Against Uxin Limited– UXIN

NEW YORK, Feb. 26, 2019 (GLOBE NEWSWIRE) -- Zhang Investor Law announces the filing of a class action lawsuit on behalf of shareholders who bought shares of Uxin Limited (NASDAQ: UXIN) pursuant and/or traceable to the Registration Statement and Prospectus issued in connection with Uxin’s initial public offering (“IPO”) held on or around June 27, 2018. The lawsuit seeks to recover damages for Uxin investors under the federal securities laws.

If you wish to serve as lead plaintiff, you must move the Court no later than April 12, 2019. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://zhanginvestorlaw.com/join-action-form/?slug=uxin-limited&id=1736  or to discuss your rights or interests regarding this class action, please contact Sophie Zhang, Esq. or Spencer Lee toll-free at 800-991-3756 or email info@zhanginvestorlaw.com, slee@zhanginvestorlaw.com for information on the class action.

According to the lawsuit, the Registration Statement was false and/or misleading and/or failed to disclose that: (1) Uxin was likely to stop providing complementary services such as inspections to its customers; (2) instead, Uxin would connect consumers to dealers who would provide such complementary services; (3) as a result, Uxin’s 2B business would be materially impacted; and (4) consequently, defendants’ statements in the Registration Statement concerning Uxin’s business, operations, and prospects, were materially false and/or misleading. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class has not been certified.  You may retain counsel of your choice.  You may take no action at this time and be an absent class member.  Your ability to obtain a recovery is not dependent upon being a lead plaintiff. 

Zhang Investor Law represents investors worldwide. Attorney Advertising.  Prior results do not guarantee similar outcomes.

Zhang Investor Law P.C.
99 Wall Street, Suite 232
New York, New York 10005
info@zhanginvestorlaw.com
tel: (800) 991-3756

Zahng-Investor-Law.png