NEW YORK, Jan. 23, 2019 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP announces that class action lawsuits have
commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead
plaintiff have until the deadlines listed to petition the court and further details about the cases can be found at the links
provided. There is no cost or obligation to you.
PPDAI Group Inc. (NYSE: PPDF)
Class Definition: Purchasers of American Depositary Shares (1) pursuant or traceable to the F-1 registration statement,
the F-6 registration statement, and related Prospectus issued in connection with PPDAI’s initial public stock offering held
on or about November 10, 2017 (the “IPO” or “Offering”) and/or (2) between November 10, 2017 and December 1, 2017
Lead Plaintiff Deadline: January 25, 2019
Join the action: https://www.zlk.com/pslra-1/ppdai-group-inc-ppdf-loss-form?wire=3
Allegations: PPDAI Group Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) PPDAI was
engaged in predatory lending practices that saddled subprime borrowers and those with poor or limited credit histories with high
interest rate debt they could not repay; (2) many of PPDAI’s customers were using PPDAI-provided loans to repay existing loans they
otherwise could not afford to repay, thereby inflating PPDAI’s revenues and active borrower numbers and increasing the likelihood
of defaults; (3) PPDAI was experiencing increasing delinquency rates, negatively affecting PPDAI’s reserves; (4) PPDAI’s purported
“rapid growth” in the number and amount of loans had materially dropped off; (5) PPDAI was providing online loans to college
students despite a government ban on the practice; (6) PPDAI was engaged in overly aggressive and improper collection practices;
and (7) as a result of its improper lending, underwriting, and collection practices, PPDAI was subject to heightened risk of
adverse actions by Chinese regulators. When the true details entered the market, the lawsuit claims that investors suffered
damages.
To learn more about the PPDAI Group Inc. class action contact jlevi@levikorsinsky.com.
YRC Worldwide Inc. (NASDAQGS: YRCW)
Class Period: March 10, 2014 - December 14, 2018
Lead Plaintiff Deadline: March 4, 2019
Join the action: https://www.zlk.com/pslra-1/yrc-worldwide-inc-loss-form?wire=3
Allegations: During the class period, YRC Worldwide Inc. made materially false and/or misleading statements and/or failed to
disclose that: (1) from 2005 to at least 2013, YRC's units systematically overcharged the federal government for freight carrier
services; (2) this alleged misconduct caused the Department of Defense to overpay by millions of dollars for shipments that were
lighter, and thus cheaper, than the weights for which the government was charged; (3) consequently, this alleged misconduct would
subject YRC to enhanced government scrutiny and liabilities, including potentially owing treble damages under the False Claims Act;
and (4) as a result, the Company’s public statements were materially false and misleading at all relevant times.
To learn more about the YRC Worldwide Inc. class action contact jlevi@levikorsinsky.com.
DXC Technology Company (NYSE: DXC)
Class Period: February 8, 2018 - November 6, 2018
Lead Plaintiff Deadline: February 25, 2019
Join the action: https://www.zlk.com/pslra-1/dxc-technology-company-loss-form?wire=3
Allegations: DXC Technology Company made materially false and/or misleading statements throughout the class period and/or failed
to disclose that: (a) the Company had changed or planned to change the operations of its sales teams, deploying generalized sales
teams as opposed to the specialized teams that were better capable of delivering specialized services to its clients; (b) the
Company’s workforce optimization strategy of sharply reducing staff while reducing costs was resulting in a shortage of sales
personnel who could execute on demand for services, thereby risking and ultimately losing sales and revenue opportunities; (c) in
light of the above, the Company’s revenue and financial performance guidance for the fiscal year 2019 and its reaffirmation of the
guidance during the Class Period was without a reasonable basis.
To learn more about the DXC Technology Company class action contact jlevi@levikorsinsky.com.
You have until the lead plaintiff deadlines to request the court appoint you as lead plaintiff. Your ability to share in any
recovery doesn’t require that you serve as a lead plaintiff.
Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys
have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of
dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
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