The Klein Regulation Company Reminds Buyers of Class Actions on Behalf of Shareholders of QIWI, KNDI and QS

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January 20, 2021 (ACCESSWIRE through COMTEX) —
NEW YORK, NY / ACCESSWIRE / January 20, 2021 / The Klein Law Company announces that course motion complaints have been filed on behalf of shareholders of the next corporations. There is no expense to participate in the accommodate. If you experienced a loss, you have until the guide plaintiff deadline to request that the courtroom appoint you as direct plaintiff.

Qiwi plc (NASDAQ:QIWI)

Course Time period: March 28, 2019 – December 9, 2020

Guide Plaintiff Deadline: February 9, 2021

The QIWI lawsuit alleges that all over the class period of time, Qiwi plc manufactured materially bogus and/or deceptive statements and/or unsuccessful to disclose that: (1) Qiwi’s inner controls related to reporting and file-maintaining have been ineffective (2) for that reason, the Central Bank of Russia would impose a financial high-quality on the Business and impose constraints upon the Firm’s capacity to make payments to foreign retailers and transfer money to pre-paid out cards and (3) as a outcome, Defendants’ community statements have been materially wrong and/or deceptive at all pertinent instances.

Understand about your recoverable losses in QIWI:

Kandi Systems Group, Inc. (NASDAQ:KNDI)

Course Interval: March 15, 2019 – November 27, 2020

Guide Plaintiff Deadline: February 9, 2021

According to the criticism, Kandi Systems Team, Inc. allegedly created materially fake and/or misleading statements and/or unsuccessful to disclose that: (i) Kandi artificially inflated its described revenues by undisclosed related bash transactions, or if not had interactions with essential consumers that indicated these shoppers did not have an arms length romance with Kandi (ii) the majority of Kandi’s revenue in the earlier calendar year had been to undisclosed connected get-togethers and/or parties with such a shut relationship and background with Kandi that it forged question on the arms-duration mother nature of their partnership (iii) all the foregoing, the moment revealed, was foreseeably probable to solid doubt on the validity of Kandi’s reported revenues and, in change, have a foreseeable adverse impact on the Company’s standing and valuation and (iv) as a result, the Firm’s general public statements were being materially untrue and deceptive at all applicable situations.

Master about your recoverable losses in KNDI:

QuantumScape Company f/k/a Kensington Capital Acquisition Corp. (NYSE:QS)

Course Period: November 27, 2020 – December 31, 2020

Direct Plaintiff Deadline: March 8, 2021

The complaint alleges that during the class period QuantumScape Company f/k/a Kensington Capital Acquisition Corp. manufactured materially untrue and/or misleading statements and/or failed to disclose that: (1) that the Firm’s purported results similar to its stable-condition battery electricity, battery daily life, and electrical power density ended up drastically overstated (2) that the Firm is unlikely to be able to scale its technological innovation to the multi-layer cell essential to electric power electric powered automobiles and (3) that, as a result of the foregoing, Defendants’ beneficial statements about the Firm’s company, functions, and prospective customers were being materially misleading and/or lacked a fair foundation.

Understand about your recoverable losses in QS:


Your ability to share in any restoration does not involve that you serve as a direct plaintiff. If you suffered a reduction in the course of the course time period and want to get hold of more facts, be sure to get hold of J. Klein, Esq. by telephone at 212-616-4899 or check out the webpages delivered.

J. Klein, Esq. signifies buyers and participates in securities litigations involving monetary fraud during the nation. Legal professional promoting. Prior effects do not assure related outcomes.


J. Klein, Esq.

Empire Point out Building

350 Fifth Avenue

59th Floor

New York, NY 10118

[email protected]

Phone: (212) 616-4899

Fax: (347) 558-9665

Supply: The Klein Regulation Agency

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