LOS ANGELES--(BUSINESS WIRE)--Lundin Law PC (http://lundinlawpc.com/) announces that it is investigating claims against Yirendai Ltd. (“Yirendai” or the “Company”) (NYSE: YRD) concerning possible violations of federal securities laws.
To get more information about this investigation, please contact Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or via email at firstname.lastname@example.org.
No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.
On August 24, 2016, Bloomberg reported that China imposed limits on peer-to-peer lending and placed a new regulations cap on individual borrowing at 1 million yuan. When this news was announced, shares of Yirendai fell in value.
Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.