Rosen Seeks Yiren Digital Investors for Proposed Securities Class Action
Photo: TokenPost
Rosen Law Firm is investigating potential securities claims involving Yiren Digital Ltd. (NYSE: YRD) and is preparing a proposed class action seeking recovery of investor losses. Rosen Law Firm is investigating whether Yiren may have provided materially misleading business information to investors. The company’s American depositary shares fell 44% on Oct. 12, when Yiren said it had learned of a police notice stating that Executive Chairman and CEO Ning Tang had been subject to criminal compulsory measures. The notice linked the measures to an investigation involving certain affiliates of Yiren’s controlling shareholder.
Source: TokenPost
