Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Kandi Technologies Group, Inc. (KNDI) Class Action Lawsuit (June 2020)

In Litigation

1:20cv8082 • June 10, 2020

Class Period Start

June 10, 2015

Class Period End

March 13, 2017

PSLRA Deadline

August 10, 2020

Case Allegations

10b5

Statutes of Repose

Jun 10, 2018

Country

United States

Court

Federal Court

Docket History

Feb 13, 2025

Motion for Summary Judgment

A party has asked the court to decide some or all of the claims without going to trial. The judge will review the motion and determine whether the claims can be decided without a trial.

Sep 30, 2024

Class Certification Denied in Part

The court has approved some parts of the request to proceed as a class action but denied others. This means the lawsuit can move forward on behalf of certain investors or claims, while others may be excluded. The court's decision will determine which investors and claims are included in the class action.

Nov 10, 2023

Motion for Class Certification

The plaintiffs have asked the court to approve the lawsuit to proceed as a class action on behalf of a group of investors. The judge will decide whether the case meets the requirements for class certification and which investors and claims may be included.

Sep 28, 2022

Scheduling Order

Sep 13, 2022

Motion to Dismiss Denied in Part

The court has determined that plaintiffs have adequately alleged some of their claims, but have failed to adequately allege other claims. The judge has therefore denied in part the motion to dismiss filed by defendants and written an order stating which claims are dismissed and which remain. The case will proceed and parties will litigate the remaining claims.

Jan 7, 2022

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

Dec 7, 2021

Scheduling Order

Dec 3, 2021

Second Amended Complaint

A new complaint has been filed on behalf of certain investors in Kandi Technologies Group, Inc.. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

Oct 25, 2021

Motion to Dismiss Granted

The court has granted the defendants' request to dismiss the lawsuit. Depending on the court's decision, the plaintiffs may be allowed to file an updated complaint or pursue an appeal.

Mar 9, 2021

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

Feb 8, 2021

Scheduling Order

Dec 27, 2020

Scheduling Order

Dec 18, 2020

First Amended Complaint

A new complaint has been filed on behalf of certain investors in Kandi Technologies Group, Inc.. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

Nov 30, 2020

Scheduling Order

Oct 5, 2020

Scheduling Order

Aug 31, 2020

Appointment of Lead Plaintiff

The court has appointed a lead plaintiff to represent the interests of investors in the lawsuit. The lead plaintiff works with the attorneys handling the case, helps oversee the litigation, and represents the interests of the proposed class.

Jun 10, 2020

First Filed Complaint

A securities fraud class action complaint has been filed on behalf of certain investors in Kandi Technologies Group, Inc..

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