Qudian Inc. (QD) Loss Submission Form
Levi & Korsinsky announces it filed a complaint in the USDC for the Southern District of New York on behalf of Qudian Inc. (NYSE: QD) shareholders who purchased American Depository Shares (1) pursuant and/or traceable to the Company’s Initial Public Offering on or about October 17, 2017; and/or (2) between October 18, 2017 and November 20, 2017.
The complaint alleges that the Registration Statement issued in connection with the IPO failed to disclose that: (1) Qudian engaged in unethical business and accounting practices; (2) Qudian failed to maintain adequate control to ensure the protection and safety of its users’ personal information; and (3) as a result, Qudian was exposing detailed user data to leakages and online resale.
On November 21, 2017, media outlets reported that data from more than a million student clients of Qudian was leaked and possibly sold online.
If you suffered a loss in Qudian you have until February 12, 2018 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.
To receive more information, please fill out the form.