99 Wall Street, Suite 232, New York, NY 10005

需要帮忙?呼叫(800) 991-3756

Class Action Cases

A class action has been filed on behalf of IQ Investors. Click "Join this Class Action" above.

Attorneys

(English) iQIYI, Inc.

Join Class Action »

对不起,此内容只适用于美式英文

Press Release

(English) SHAREHOLDER ALERT: Zhang Investor Law Announces t a Securities Class Action Lawsuit Against iQIYI, Inc. – IQ 

New York, N.Y., April 23, 2020. Zhang Investor Law announces the filing of a class action lawsuit on behalf of shareholders who bought shares of iQIYI, Inc. (NASDAQ: IQ) between March 29, 2018 and April 7, 2020, inclusive (the “Class Period”).

To join the IQ class action, go to http://zhanginvestorlaw.com/cases/iqiyi-inc/ call Sophie Zhang, Esq. toll-free at 800-991-3756 or email info@zhanginvestorlaw.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.  YOU NEED NOT BE LEAD PLAINTIFF TO SECURE A RECOVERY.

According to the lawsuit, throughout the Class Period (1) iQIYI inflated its revenue figures; (2) iQIYI inflated its user numbers; (3) iQIYI inflated its expenses to cover up other fraud; and (4) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. According to the suit, these true details were disclosed by a market research firm.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 15, 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/iqiyi-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 info@zhanginvestorlaw.com.

Zhang Investor Law represents investors worldwide.