We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Name | Symbol | Market | Type |
---|---|---|---|
NIO Inc | NYSE:NIO | NYSE | Depository Receipt |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 4.72 | 0 | 01:00:00 |
NEW YORK, Sept. 9, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of NIO Inc. (NYSE: NIO).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/nio-inc-loss-submission-form/?id=31468&from=4
The lawsuit seeks to recover losses for shareholders who purchased NIO between March 1, 2021 and July 11, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until October 24, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, NIO Inc. issued materially false and/or misleading statements and/or failed to disclose that: (1) NIO pulled forward revenue by selling batteries to a related party, which owned the batteries and managed users' subscriptions; (2) through the related party, NIO also recognized enormous depreciation savings; (3) as a result of the foregoing, the Company's revenue and net loss were overstated; and (4) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
View original content:https://www.prnewswire.com/news-releases/nio-shareholder-alert-jakubowitz-law-reminds-nio-shareholders-of-a-lead-plaintiff-deadline-of-october-24-2022-301620844.html
SOURCE Jakubowitz Law
Copyright 2022 PR Newswire
1 Year NIO Chart |
1 Month NIO Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions