ROSEN, A LEADING LAW FIRM, Reminds Ideanomics, Inc. Investors of Important Deadline in Securities Class Action; Encourages Investors with Losses in Excess of $50K to Contact Firm – IDEX
NEW YORK, Aug. 12, 2020 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Ideanomics, Inc. (NASDAQ: IDEX) between March 20, 2020 and June 25, 2020, inclusive (the “Class Period”), of the important August 27, 2020 lead plaintiff deadline in securities class action. The lawsuit seeks to recover damages for Ideanomics investors under the federal securities laws.
To join the Ideanomics class action, go to or call Phillip Kim, Esq. toll-free at 866-767-3653 or email or for information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.
According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Ideanomics’ Mobile Energy Global (MEG) Division (the “MEG Center”) in Qingdao was not “a one million square foot EV expo center”; (2) the Company had been using doctored or altered photographs of the purported MEG Center in Qingdao; (3) the Company’s electric vehicle business in China was not performing nearly as strong as Ideanomics had represented; and (4) as a result, the Company’s public statements were materially false and misleading at all relevant times. According to ...
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