IQIYI Inc. Loss Submission Form

Company: IQIYI Inc.

Ticker: (NASDAQ) IQ

-487

Days Left

Lead Plaintiff Deadline: January 31, 2022

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          Certification of Plaintiff Pursuant to Federal Securities Laws

          I, duly certify and say, as to the claims asserted under the federal securities laws, that:

          1. I have reviewed a complaint filed in the action.

          2. I did not purchase the security that is the subject of this action at the direction of plaintiff's counsel or in order to participate in this action.

          3. I am willing to serve as a representative party on behalf of the class, including providing testimony at deposition and trial, if necessary.

          4. My transaction(s) in IQIYI Inc. which are the subject of this litigation during the class period set forth in the complaint are set forth in the chart attached hereto.

          5. Within the last 3 years,



          6. I will not accept any payment for serving as a representative party on behalf of the class beyond the Plaintiff's pro rata share of any recovery, except as ordered or approved by the court, including any award for reasonable costs and expenses (including lost wages) directly relating to the representation of the class.

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          Clear

          Signed pursuant to California Civil Code Section 1633.1, et seq. - and the Uniform Electronic Transactions Act as adopted by the various states and territories of the United States.

          By your signature above, you confirm that have retained Levi & Korsinsky, LLP to represent you and the shareholder class as a lead plaintiff in the pending class action against IQIYI Inc. This representation will be on a contingency basis, meaning that Levi & Korsinsky will advance all expenses in the litigation and will only seek compensation and/or reimbursement of expenses if the firm obtains a recovery. Regardless of the result, we will never ask you to directly pay for any attorneys’ fees, expenses, or costs. Should we obtain a favorable result, we may ask the court to award us compensation and reimbursement of expenses to be paid by the defendants or as a portion of any class recovery. In exchange for our representation, you agree to cooperate as our client by providing, for example, relevant documents and deposition testimony, if necessary. During the course of this litigation, we may employ and/or work with other law firms, experts, and third-parties to successfully prosecute this action. If you are not appointed as the lead plaintiff or Levi & Korsinsky is not appointed as lead counsel, we will notify you of such decision at which time this representation will end unless otherwise extended by you and the firm. We look forward to working with you towards a successful resolution of this action.

          Looking for more?

          Thank you for completing your submission. If our attorneys find you are a viable candidate for lead plaintiff they will reach out regarding the next steps.

          All shareholders who submit will receive updates regarding the case.

          Class Period

          Begins

          22

          Mar 2021

          Ends

          29

          Mar 2021

          March 22, 2021 - March 29, 2021

          Allegations

          Goldman Sach and Morgan Stanley confidentially learned that the family office Archegos Capital Management had failed or was likely to fail to meet a margin call, requiring Archegos to liquidate its position in various companies, including iQiyi. Trading on this non-public information, Goldman Sachs and Morgan Stanley reportedly avoided billions of dollars in losses on their iQiyi investments by selling Company securities in late March 2021 before the market learned of Archegos’s difficulties. When this information reached the market, the price of iQiyi securities fell sharply, damaging Company investors.

          Eligibility

          In order to be included in the lawsuit, you must have incurred a loss on shares of IQIYI purchased or acquired during the class period listed above.

          Lead Plaintiff Deadline

          If you suffered a loss in IQIYI during the relevant time frame, you have until January 31, 2022 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.