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

By , in PR PR California on .

San Diego, CA — 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 [email protected] 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.

Contact:
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
[email protected]

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Sarah Thompson

Sarah Thompson

Sarah is a financial reporter, focusing on technology, national security, and policing. Before joining Daily Telescope she worked as a staff writer at Fast Company and spent two years as a foreign correspondent in Turkey. Her work has been published in Al Jazeera America, The Nation, Vice News, Motherboard, and many other outlets.
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