(English) Ideanomics, Inc.
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(English) SHAREHOLDER ALERT: Zhang Investor Law Announces a Securities Class Action Lawsuit Against Ideanomics, Inc. – IDEX
New York, N.Y., July 23, 2020. Zhang Investor Law announces the filing of a class action lawsuit on behalf of shareholders who bought shares of Ideanomics, Inc. (NASDAQ: IDEX) between March 20, 2020 and June 25, 2020, inclusive (the “Class Period”).
To join the IDEX class action, go to http://zhanginvestorlaw.com/cases/ideanomics-inc/ call Sophie Zhang, Esq. toll-free at 800-991-3756 or email email@example.com 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.
According to the lawsuit, throughout the Class Period (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 the suit, these true details were disclosed by market research firms.
A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 27, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://zhanginvestorlaw.com/cases/ideanomics-inc/ or to discuss your rights or interests regarding this class action, please contact Sophie Zhang, Esq. of Zhang Investor Law toll free at 800-991-3756 or via e-mail at firstname.lastname@example.org.
Zhang Investor Law represents investors worldwide.