BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of investors of Kandi Technologies Group, Inc. (“Kandi” or the “Company”) (NASDAQ: KNDI) investors concerning the Company and its officers’ possible violations of federal securities laws.
On March 13, 2017, Kandi announced that the Company would restate its "previously issued financial statements for the years ended December 31, 2015 and 2014, and the first three quarters for the year ended December 31, 2016" and that these statements should no longer be relied upon. On this news, Kandi's share price 9% on March 16, 2017, thereby injuring investors.
If you purchased Kandi securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
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