Uxin Limited Class Action Lawsuit - UXIN

The Registration Statement was materially false and misleading and omitted to state that: (1) Uxin was likely to stop providing complementary services such as inspections to its customers; (2) instead, Uxin would connect consumers to dealers who would provide such complementary services; (3) as a result, Uxin’s 2B business would be materially impacted; and (4) consequently, Defendants’ statements in the Registration Statement regarding Uxin’s business, operations, and prospects, were materially false and/or misleading.

In order to be eligible to join the UXIN class action lawsuit, you must have incurred a loss on shares of purchased during the class period listed above.

If you suffered a loss in during the relevant time frame or pursuant to the relevant offering(s), you have until April 12, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky announces the commencement of a securities action on behalf of investors who purchased or otherwise acquired American Depositary Shares of Uxin Limited (“Uxin”) (NASDAQ: UXIN) pursuant and/or traceable to the Company’s false and/or misleading registration statement and prospectus issued in connection with the Company’s June 27, 2018 initial public offering. The complaint alleges that the Registration Statement was materially false and misleading and omitted to state that: (1) the Company was likely to stop providing complementary services such as inspections to its customers; (2) instead, the Company would connect consumers to dealers who would provide such complementary services; (3) as a result, the Company’s 2B business would be materially impacted; and (4) as a result of the foregoing, Defendants’ statements in the Registration Statement regarding Uxin’s business, operations, and prospects, were materially false and/or misleading. If you suffered a loss in Uxin you have until April 12, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.