An investigation for investors in Uxin Limited (NASDAQ: UXIN) shares over potential securities laws violations by Uxin Limited was announced.
San Diego, CA -- (SBWIRE) -- 01/09/2019 -- Uxin Limited is under investigation over potential securities laws violations in connection with certain financial statements.
Investors who purchased shares of Uxin Limited (NASDAQ: UXIN), have certain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by Uxin Limited (NASDAQ: UXIN regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
China based Uxin Limited, through its subsidiaries, operates an used car e-commerce platform in China. On November 19, 2018, Uxin Limited reported that transaction volume for one of its business segments had declined 8.5% year-over-year and gross merchandise value had declined 14.8% due to its recent change of approach in serving customers with car-selling needs.
Shares of Uxin Limited (NASDAQ: UXIN) closed on January 8, 2019, at $3.21 per share.
Those who purchased shares of Uxin Limited (NASDAQ: UXIN) have certain options and should contact the Shareholders Foundation.
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