INVESTORS LOSS ALERT: Rosen Law Firm Reminds Yirendai Ltd. Investors of Important Deadline in Class Action -
YRD
Rosen Law Firm, a global investor rights law firm, reminds purchasers of Yirendai Ltd. securities (NYSE:YRD) from May 11, 2016
through August 24, 2016, inclusive (the “Class Period”) of the important October 25, 2016 lead plaintiff deadline in the class
action. The lawsuit seeks to recover damages for Yirendai investors under the federal securities laws.
To join the Yirendai class action, go to the website at http://www.rosenlegal.com/cases-948.html or call Phillip Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653
or email pkim@rosenlegal.com or kchan@rosenlegal.com for information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU
RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.
According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to
disclose that (1) Yirendai was experiencing increasing fraud related to customer applications for its loan products; (2) the
implementation of new anti-fraud regulations by the Chinese government could have a negative impact on Yirendai’s performance; and
(3) as a result, defendants’ statements about Yirendai’s business, operations, and prospects were false and misleading and/or
lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages. Attorney
Advertising. Prior results do not guarantee a similar outcome.
A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than
October 25, 2016. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-948.html or to discuss your rights or interests regarding this class action,
please contact, Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder
derivative litigation.
The Rosen Law Firm, P.A.
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: 212-686-1060
Toll Free: 866-767-3653
Fax: 212-202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com
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