Glancy Prongay & Murray LLP (GPM) announces an investigation on behalf of Uxin Limited (Uxin or the Company) (NASDAQ: UXIN) investors concerning the Company and its officers possible violations of federal securities laws.
On November 19, 2018, the Company reported that transaction volume for one of its business segments had declined 8.5% year-over-year and gross merchandise value had declined 14.8% due to its recent change of approach in serving customers with car-selling needs.
On this news, the Companys ADS price fell $0.60 per share, or more than 11%, to close at $4.50 per share on November 20, 2018, thereby injuring investors.
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If you purchased Uxin, 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, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to [email protected], or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
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