INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation on Behalf of Uxin Limited Investors (UXIN)
BENSALEM, Pa.--(BUSINESS WIRE)--Dec 7, 2018--Law Offices of Howard G. Smith announces an investigation on behalf of Uxin Limited investors (“Uxin” or the “Company”) (NASDAQ: UXIN ) concerning the Company and its officers’ possible violations of federal securities laws.
On November 19, 2018, the Company 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.”
On this news, the Company’s ADS price fell $0.60 per share, or over 11%, to close at $4.50 per share on November 20, 2018, on unusually heavy trading volume.
If you purchased Uxin 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 Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to email@example.com, or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com:https://www.businesswire.com/news/home/20181207005533/en/
CONTACT: Law Offices of Howard G. Smith
Howard G. Smith, Esquire
KEYWORD: UNITED STATES NORTH AMERICA PENNSYLVANIA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL
SOURCE: Law Offices of Howard G. Smith
Copyright Business Wire 2018.
PUB: 12/07/2018 03:56 PM/DISC: 12/07/2018 03:56 PM