Energy News / Shareholders Foundation, Inc.

NYSE:QD Shareholder Notice: Deadline on February 12 Upcoming in Lawsuit Against Qudian Inc

Via: ReleaseWire

Updated 12:00 PM CST, Tue, February 06,2018

A Deadline is coming up on February 12, 2018 in the lawsuit for investors in Qudian Inc – ADR (NYSE:QD).

San Diego, CA -- (SBWIRE) -- 02/06/2018 -- A deadline is coming up on February 12, 2018 in the lawsuit filed for investors of Qudian Inc – ADR (NYSE:QD) over alleged securities laws violations by Qudian Inc.

Investors who purchased shares of Qudian Inc – ADR (NYSE:QD) should contact the Shareholders Foundation at or call +1(858) 779 - 1554.

The plaintiff claims that the Defendants violated federal securities laws by making false and/or misleading statements in the IPO's Registration Statement by failing to disclose that Qudian's loan collection practices were materially deficient and/or nonexistent as the Company treated bad loans as welfare, and that Qudian's data systems and procedures were materially inadequate to safeguard sensitive borrower data against breach, and that breaches had occurred.

Those who purchased shares of Qudian Inc – ADR (NYSE:QD) have certain options and should contact the Shareholders Foundation.

Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739

For more information on this press release visit:

Media Relations Contact
Michael Daniels
Email: Click to Email Michael Daniels