An investigation for investors in JD.com, Inc. (NASDAQ: JD) shares over potential securities laws violations by JD.com, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 09/18/2018 -- An investigation was announced concerning potential securities laws violations by JD.com, Inc. in connection with certain financial statements.
Investors who purchased shares of JD.com, Inc. (NASDAQ: JD), have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of JD.com, Inc. (NASDAQ: JD) concerning whether a series of statements by JD.com, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
China based JD.com, Inc., through its subsidiaries, operates as an e-commerce company and retail infrastructure service provider in the People's Republic of China. JD.com, Inc. reported that its annual Total Revenue rose from over 181.04 billion CNY in 2015 to over 258.28 billion CNY in 2016 and that its Net Loss declined from over 9.1 billion CNY in 2015 to 3.8 billion CNY in 2016.
Shares of JD.com, Inc. (NASDAQ: JD) reached as high as $50.55 per share in early 2018.
On August 31, 2018, JD's Chairman and Chief Executive Officer Qiangdong Liu was arrested in Minnesota for alleged sexual misconduct.
Shares of JD.com, Inc. (NASDAQ: JD) declined to as low as $26.00 per share on September 5, 2018.
On September 7, 2018, NASDAQ: JD shares closed at $26.95 per share.
Those who purchased shares of JD.com, Inc. (NASDAQ: JD) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, 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, investigation, and/or settlements are not filed/reached and/or 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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