EQUITY ALERT: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Qudian Inc.
Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the
securities of Qudian Inc. (NYSE:QD) pursuant to and/or traceable to the Registration Statement and Prospectus issued in connection
with Qudian’s initial public offering on or about October 18, 2017 (the “IPO”). The lawsuit seeks to recover damages for Qudian
investors under the federal securities laws.
To join the Qudian class action, go to http://rosenlegal.com/cases-1255.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 during the Class Period made materially false and/or misleading statements and/or failed to
disclose that (1) Qudian’s loan collection practices were materially deficient and/or nonexistent, as it treated bad loans as
welfare; and (2) Qudian’s data systems and procedures were materially inadequate to safeguard sensitive borrower data against
breach, and breaches had occurred. When the true details entered the market, the lawsuit claims that investors suffered
damages.
A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than
February 12, 2018. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
If you wish to join the litigation, go to http://rosenlegal.com/cases-1255.html or to discuss your rights or interests regarding this class action, please
contact Phillip Kim, Esq. or Kevin Chan, Esq. of 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. Since 2014, Rosen Law Firm has been ranked #2 in the nation by Institutional Shareholder Services for the
number of securities class action settlements annually obtained for investors.
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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