New York--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, reminds you to purchase health insurance from March 15, 2019 to November 27, 2020 (including the above dates, referred to as the "class action period") Attention to persons in Kandi Technologies Group, Inc. (NASDAQ: KNDI) securities, the important deadline for the chief plaintiff in this case is February 9, 2021. The lawsuit aims to make up for losses suffered by Conti investors in accordance with the federal securities laws.
To join the Kandi class action, please visit http://www.rosenlegal.com/cases-register-1998.html , call toll-free 866-767-3653 or send an email to [email protected] or cases@rosenlegal .com contact attorney Phillip Kim for more information about class actions.
The complaint alleges that the defendant made false and/or misleading statements and/or failed to disclose during the entire class action: (1) Kandi has exaggerated its published revenue through undisclosed related party transactions, or in other Under circumstances, the relationship with important customers shows that these customers are not normal business relationships with Kandi; (2) In the past year, most of Kandi’s sales came from undisclosed related parties and/or presence with Kandi The above-mentioned close relationship and origin are related parties, and the normal transaction nature of the relationship between the two parties is doubtful; (3) It is foreseeable that once the above-mentioned facts are disclosed, people may question the correctness of the revenues announced by Kangdi. This in turn would have a negative impact on the company’s reputation and valuation; and (4) Therefore, the defendant’s public statements were grossly inaccurate and misleading at all relevant times. The lawsuit alleges that when real information enters the market, investors suffer losses.
The law firm has filed a class action lawsuit. If you wish to serve as lead plaintiff, you must 2021 Nian 2 Yue 9 before the date of application to the court. The lead plaintiff is the representative party leading the litigation on behalf of other class members. If you are interested in joining the lawsuit, please log on to http://www.rosenlegal.com/cases-register-1998.html ; if you are interested in discussing your rights or interests in a class action, please call the law firm’s toll-free hotline 866-767- 3653 or email to [email protected] or [email protected] to contact Phillip Kim.
The class of the aforementioned lawsuit has not yet been certified. Before that, except for being hired, lawyers will not provide legal services to individuals. Individuals can choose to hire a lawyer or act as absent class action members, and no action is currently required. The investor's share of any possible compensation in the future has nothing to do with whether he is the chief plaintiff.
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Rosen Law Firm represents global investors and is mainly engaged in securities class actions and shareholder derivative actions. With the number of securities class action cases handled in 2017, the law firm was selected as the number one law firm in the ISS securities class action service list. Since 2013, we have been in the top three of this list. Rosen Law Firm has completed the largest securities class action settlement to date against a Chinese company. The lawyers of Rosen Law Firm have been selected on the ranking lists of many well-known independent institutions and are highly recognized. Rosen Law Firm has received hundreds of millions of dollars in compensation for investors. Lawyer advertisement. The previous results do not guarantee that similar results can be achieved.