NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Uxin Limited (NASDAQ:UXIN) resulting from allegations that Uxin may have issued materially misleading business information to the investing public.
On November 19, 2018, Uxin reported that the transaction volume for one of its business segments had declined 8.5% year-over-year and gross merchandise value had declined 14.8% due to its “recent change of approach in serving consumers with car-selling needs.” On this news, the price of Uxin securities fell $0.60 per share or more than 11.7%, to close at $4.50 per share on November 20, 2018, thereby injuring investors.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Uxin investors. If you purchased Uxin securities, please visit the firm’s website at https://www.rosenlegal.com/cases-1481.html to join the class action. You may also contact Phillip Kim or Zachary Halper of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or zhalper@rosenlegal.com.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013.
Attorney Advertising. Prior results do not guarantee a similar outcome.
