Glancy Prongay & Murray LLP Announces Investigation on Behalf of Nio Inc. Investors (NIO)
LOS ANGELES--(BUSINESS WIRE)--Mar 22, 2019--Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of Nio Inc. (“Nio” or the “Company”) (NYSE: NIO ) investors concerning the Company and its officers’ possible violations of federal securities laws.
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If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, at 310-201-9150, Toll-Free at 888-773-9224, or by email to firstname.lastname@example.org, or visit our website at www.glancylaw.com.
On March 5, 2019, Nio disclosed its fourth quarter and year ended December 31, 2018 financial results. TheStreet.com reported that “the so-called Tesla of China posted a wider-than-expected loss in the fourth quarter and said it experienced ‘a greater-than-anticipated slowdown in monthly deliveries’ of its ES8 sport-utility vehicle.” On this news, shares of Nio fell $2.15, or nearly 19%, to close at 8.01 on March 6, 2019, thereby injuring investors.
If you purchased Nio securities, have information, or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, CA 90067 at 310-201-9150, Toll-Free at 888-773-9224, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number, and the number of shares purchased.
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View source version on businesswire.com:https://www.businesswire.com/news/home/20190322005462/en/
CONTACT: Glancy Prongay & Murray LLP, Los Angeles
Lesley Portnoy, 310-201-9150 or 888-773-9224
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL
SOURCE: Glancy Prongay & Murray LLP
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PUB: 03/22/2019 05:04 PM/DISC: 03/22/2019 05:04 PM