ATLANTA--(BUSINESS WIRE)--Holzer & Holzer, LLC announces that a class action lawsuit has been filed on behalf of investors who purchased Qudian, Inc. (“Qudian” or the “Company”) (NYSE: QD) securities between December 13, 2018 and January 15, 2020.
The lawsuit alleges that Qudian failed to disclose that regulatory developments in China were likely to have a material negative impact on the Company’s FY 19 projections and results. On January 16, 2020, Qudian announced that it was withdrawing its guidance and declining to issue new guidance “due to uncertainty related to the recent regulatory and operating environment.” The price of Qudian securities fell following the announcement.
If you purchased shares of Qudian securities between December 13, 2018 and January 15, 2020 and suffered significant losses on that investment, you are encouraged to contact Corey D. Holzer, Esq. at firstname.lastname@example.org or Luke R. Kennedy at email@example.com, or by toll-free telephone at (888) 508-6832 to discuss your legal rights.
Holzer & Holzer, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey D. Holzer is the attorney responsible for its content.