Robbins Arroyo LLP Is Investigating the Officers and Directors of Uxin Limited (UXIN) on Behalf of Shareholders
SAN DIEGO & BEIJING--(BUSINESS WIRE)--Dec 18, 2018--Shareholder rights law firm Robbins Arroyo LLP is investigating whether certain officers and directors of Uxin Limited (NASDAQ: UXIN) breached their fiduciary duties to shareholders. Uxin Limited is a used car e-commerce platform doing business in China.
View this press release on the firm’s Shareholder Rights Blog: https://www.robbinsarroyo.com/uxin-limited/
Uxin Limited Reports Declining Transaction Volume and Gross Merchandise Value
On November 19, 2018, Uxin reported that 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 customers with car-selling needs.
Uxin Limited Shareholders Have Legal Options
Concerned shareholders who would like more information about their rights and potential remedies can contact attorney Leonid Kandinov at (800) 350-6003, LKandinov@robbinsarroyo.com, or via the shareholder information form on the firm’s website.
Robbins Arroyo LLP is a nationally recognized leader in shareholder rights law. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested. Sign up for our FREE portfolio monitoring service, Stock Watch.
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View source version on businesswire.com:https://www.businesswire.com/news/home/20181218005743/en/
CONTACT: Leonid Kandinov
Robbins Arroyo LLP
600 B Street, Suite 1900
San Diego, CA 92101
(619) 525-3990 or Toll Free (800) 350-6003
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL
SOURCE: Robbins Arroyo LLP
Copyright Business Wire 2018.
PUB: 12/18/2018 01:29 PM/DISC: 12/18/2018 01:29 PM