Deadline Alert: Yiren Digital Ltd. Shareholders Have Until December 28, 2026 to Seek Lead Plaintiff Appointment in Securities Fraud Lawsuit, The Law Offices of Frank R. Cruz Notes

Lawsuit covers investors who acquired Yiren Digital Ltd. securities from April 29, 2026 to October 13, 2026; complaint alleges the company made misleading statements to investors

LOS ANGELES--(BUSINESS WIRE)--The deadline for Yiren Digital Ltd. ("Yiren" or the "Company") (NYSE: YRD) investors to seek appointment as lead plaintiff in a securities class action lawsuit is December 28, 2026. The lawsuit was filed on behalf of investors who purchased or otherwise acquired Yiren Digital Ltd. securities from April 29, 2026 to October 13, 2026, inclusive. The Law Offices of Frank R. Cruz today reminded investors of the deadline in the case, Lester et al v. Yiren Digital Ltd. et al., filed on October 29, 2026 in the U.S. District Court Central District of California (Case No. 2:26-cv-12673).

If you lost money on Yiren Digital Ltd. securities, submit your Yiren Digital Ltd. loss information before the December 28, 2026 deadline to learn about your potential claims under the federal securities laws.

Yiren Digital Ltd. deadline and case dates

• Lead plaintiff motion deadline: December 28, 2026
• Class period: April 29, 2026 to October 13, 2026, inclusive
• Filed: October 29, 2026
• Court: U.S. District Court Central District of California

What happened?

On May 22, 2026, various media outlets reported that CreditEase, the Company’s parent and controlling shareholder, was suspending all principal and interest payments on its fixed-income-like wealth management products offered through its asset management platforms, including products of Heritvest, a disclosed related party of Yiren, and announced an “orderly wind-down” of those products. The suspended products were reported to be worth approximately 30 billion yuan, or about $4.4 billion.

On this news, Yiren stock fell $0.27, or 14.44%, to close at $1.60 on May 22, 2026, thereby injuring investors.

On October 12, 2026, Yiren announced Ning Tang, the Company's Executive Chairman and Chief Executive Officer, had been subject to criminal compulsory measures in connection with an investigation involving certain affiliates of the Company's controlling shareholder.

On this news, Yiren stock fell $0.44 or 44.05%, to close at $0.56 on October 12, 2026, thereby further injuring investors.

What is the Yiren Digital Ltd. lawsuit about?

The Yiren Digital Ltd. class action alleges that, throughout the class period, defendants made materially false and/or misleading statements and failed to disclose material adverse facts about Yiren Digital Ltd.'s business, operations, and prospects. Specifically, the complaint alleges defendants failed to disclose to investors that: (1) CreditEase, Yiren's controlling shareholder and its affiliates, all controlled by defendant Ning Tang, were experiencing severe financial distress that impaired their ability to satisfy their obligations; (2) as a result, the billions of RMB owed to Yiren by CreditEase affiliates were subject to significant credit risk; (3) Yiren was not separate from or unaffected by the affairs of CreditEase, given their shared leadership, Yiren's dependence on CreditEase, and Yiren's relationships with the CreditEase affiliates whose products defaulted; (4) Defendant Tang, Yiren's Executive Chairman, CEO, and controlling shareholder, was exposed to material legal and regulatory risk, including potential criminal liability, arising from CreditEase's conduct; and (5) as a result, defendants' positive statements about Yiren Digital Ltd.'s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

Investors who purchased or otherwise acquired Yiren Digital Ltd. securities during the class period may ask the Court, no later than December 28, 2026, to appoint them lead plaintiff in this putative class action lawsuit.

"According to the complaint filed against Yiren Digital Ltd., the Company, among other things, did not disclose that CreditEase, Yiren's controlling shareholder and its affiliates, all controlled by defendant Ning Tang, were experiencing severe financial distress that impaired their ability to satisfy their obligations. With the December 28, 2026 deadline drawing near, investors who want a voice in how this case is led should reach out now," said Frank R. Cruz of The Law Offices of Frank R. Cruz.

What should Yiren Digital Ltd. investors do now?

The Law Offices of Frank R. Cruz can help Yiren Digital Ltd. investors evaluate potential claims to recover their losses. Investors who want to serve as lead plaintiff must file a motion with the Court by December 28, 2026. For more information, visit the Yiren Digital Ltd. case page, email [e-mail], or call 310-914-5007.

If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.

Yiren Digital Ltd. investors need not take any action at this time to be class members. Investors may retain counsel of their choice or take no action and remain absent class members. No class has been certified yet in the Yiren Digital Ltd. case.

Questions and answers about the Yiren Digital Ltd. deadline

Who is eligible? Investors who bought Yiren Digital Ltd. securities between April 29, 2026 and October 13, 2026 and lost money may be class members in the Yiren Digital Ltd. securities lawsuit.

When are lead plaintiff motions due in the Yiren Digital Ltd. case? Lead plaintiff motions in the Yiren Digital Ltd. class action are due in the U.S. District Court Central District of California by December 28, 2026.

What happens after the Yiren Digital Ltd. deadline passes? After December 28, 2026, investors generally can no longer seek lead plaintiff appointment, but Yiren Digital Ltd. investors may still remain class members.

How are attorneys' fees handled? The Law Offices of Frank R. Cruz works on contingency, so Yiren Digital Ltd. investors pay no attorneys' fees up front. Any attorneys' fees and litigation expenses come only from a recovery, if there is one, and require court approval.

About The Law Offices of Frank R. Cruz

The Law Offices of Frank R. Cruz investigates and prosecutes securities fraud and corporate malfeasance class actions. With nearly 20 years of litigation experience, the firm focuses on complex securities class actions and gives each client personal, one-on-one attention throughout the legal process.

Prior results do not guarantee a similar outcome.

Related links

• Yiren Digital Ltd. case page, The Law Offices of Frank R. Cruz
• Complaint: Lester et al v. Yiren Digital Ltd. et al., U.S. District Court Central District of California
• Yiren Press Release
• Yiren Digital Ltd. SEC filings index, EDGAR
• The Law Offices of Frank R. Cruz

Follow The Law Offices of Frank R. Cruz for updates on Twitter: twitter.com/FRC_LAW

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