Glancy Prongay & Murray LLP (GPM) announces an investigation on behalf of Hexindai Inc. investors (Hexindai or the Company) (NASDAQ: HX) concerning the Company and its officers possible violations of federal securities laws.
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If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, at 310-201-9150, Toll-Free at 888-773-9224, or by email to [email protected], or visit our website at www.glancylaw.com.
On January 15, 2019, Bonitas Research published a report alleging that Hexindai had overstated revenue and profits in its financial statements preceding the IPO and that the Company had siphoned the IPO proceeds to insiders. On this news, shares of Hexindai fell, thereby injuring investors.
If you purchased Hexindai, 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 Lesley Portnoy, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, CA 90067 at 310-201-9150, Toll-Free at 888-773-9244, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number, and the number of shares purchased.
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