INVESTOR ALERT: Khang & Khang LLP Announces Securities

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
61
INVESTOR ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Kandi Technologies Group, Inc. and Reminds Investors with Losses to Contact the Firm

IRVINE, Calif., April 12, 2017 (GLOBE NEWSWIRE) -- Khang & Khang LLP (the “Firm”) announces the filing of a class action lawsuit against Kandi Technologies Group, Inc. (“Kandi” or the “Company”) (Nasdaq: KNDI ). Investors who purchased or otherwise acquired the Company’s shares between March 16, 2015 and March 13, 2017, inclusive (the “Class Period”), are encouraged to contact the Firm in advance of the May 15, 2017 lead plaintiff motion deadline.

If you purchased Kandi shares during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com .

There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.

According to the Complaint, during the Class Period, Kandi made false and/or misleading statements and/or failed to disclose that: certain areas in the Company’s previously issued financial statements for the years ending December 31, 2015 and 2014, and the first three quarters for the year ending December 31, 2016 required adjustment; Kandi lacked effective internal controls over financial reporting; and as a result of the above, the Company’s public statements were materially false and misleading at all relevant times. On November 14, 2016, the Company announced the abrupt resignation of its CFO Cheng Wang. On March 13, 2017, Kandi filed a Current Report on Form 8-K with the SEC, announcing that the Company would restate previously issued financial statements for the years ended December 31, 2015 and 2014, and the first three quarters for the year ended December 31, 2016.

If you wish to learn more about this lawsuit, or if you have any questions regarding this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com .

This press release may constitute Attorney Advertising in certain jurisdictions.

Contact Joon M. Khang, Esq. Telephone: 949-419-3834 Facsimile: 949-225-4474 joon@khanglaw.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

TDS and Array Set for Q3 Results Amid Market Curiosity

Updated Category News Views 30

The Anticipation Builds for TDS and Array's Q3 Results Financial markets are buzzing like a caffeine-fueled trading floor about the upcoming third quarter results from Telephone and Data Systems, Inc. (NYSE: TDS) and its partner in digital endeavors, Array Digital Infrastructure, Inc. (NYSE: AD). Set to go live with their numbers on November 6, 2026, these companies are...

Continue Reading
Intestinal Worms: New Science and Old Challenges

Updated Category News Views 43

Intestinal Worms: A Modern Twist on an Old Tale Just when you thought you'd heard it all, here comes the notion that intestinal worms might actually be good for us. The stuff of cringe-worthy junior high biology classes is now strutting its stuff in F1000Research. Sounds odd? Maybe, but there's a half-century of science behind it. Old Foes with New Friends These...

Continue Reading
ZKONG, Hagebau Push ESLs in European Retail Revamp

Updated Category News Views 156

ESLs: The Next Step in Retail Revamp Here’s the scoop: ZKONG and hagebau are making waves in the retail scene over in Germany. They’re bringing in Electronic Shelf Labels (ESLs) to kick traditional price tags to the curb. What started as a shake-up in supermarkets now rolls into the world of home improvement retail—headline by hagebaumarkt in Selb after nearly half...

Continue Reading
Lawsuit Hits San Ramon Medical: Wages, Breaks in Dispute

Updated Category News Views 0

Legal Storm Unleashes on San Ramon Regional In the world of legal entanglements, San Ramon Regional Medical Center found itself on the receiving end of the latest workforce fuss. Allegations flying from a class action lawsuit claim the center's brass didn't hold up their end of the California Labor Code, particularly in providing legit meal breaks and rest periods. Now,...

Continue Reading
Thai Wellness Shines at Global Summit in Phuket

Updated Category News Views 121

The New Face of Luxury: Healing and Wellness Thailand's gearing up for a spotlight moment on the global stage, and they're flaunting their wellness card at the upcoming Global Wellness Summit (GWS) 2026 in Phuket. From November 10-13, the world's wellness bigwigs will descend on this tropical locale to experience firsthand what Thailand’s calling 'Healing is the New...

Continue Reading
Generational Happiness: Keio Study Shakes Norms

Updated Category News Views 45

Happiness Across Generations: New Light from Japan Think happiness is just a personal journey? Well, it turns out there's more to the story when you dive into family ties. A study from Keio University in Japan shakes things up by finding that happiness has a unique way of passing down from parent to child, showing a stronger grip across generations than general or mental...

Continue Reading
KickHouse Partners with Sam Alvey for Glove Line Launch

Updated Category News Views 33

KickHouse Pounces with New Fighter Partnership Looks like KickHouse isn't playing games, folks. They've teamed up with fighter Sam Alvey to launch a new boxing glove line. You got your Warbird, your Desert Ghost, and your Night Ops gloves—names straight out of a war zone. These 16-ounce hammers are out now, and they kickstart a broader gear lineup custom-built for Alvey...

Continue Reading
European Doctors Explore Chinese Aesthetic Innovations

Updated Category News Views 39

Pioneering Exchange in Regenerative Aesthetics Ever seen European doctors flocking to China to learn about beauty techniques? That's the scene as aphranel®, the brainchild of MOYOM Biotech, ushers in a week-long clinical exchange under 'The Norns' Weave.' The whole deal aims to unravel how Chinese practices could shape Europe's aesthetic landscape. Yep, it's all about...

Continue Reading
Hot Chili Sizzles with La Verde Copper Drill Gains

Updated Category News Views 53

Big Copper Moves at La Verde: What's New? Look, when it comes to copper, Hot Chili Limited is throwing down some serious markers. You see, their La Verde project is turning into a hotbed of activity thanks to their latest drilling revelations. They've managed to confirm a second porphyry center, which is like finding another gold mine, except with copper. This essentially...

Continue Reading
FDA Greenlights VELO: A Turning Point for Reynolds?

Updated Category News Views 57

FDA Decision: A Big Win for Reynolds American Boy, am I seeing a shift in the winds. The FDA's green light for VELO nicotine pouches adds a fresh feather to Reynolds American's cap. In a gritty industry like tobacco, getting FDA's nod ain't just about safety; it’s a strategic leg up against traditional smoke. My gut tells me this isn't just about keeping pace. It's...

Continue Reading

Top 5 Most Recently Viewed Articles

Shaw-Ross Partners with Tenjaku to Elevate Japanese Spirits

Updated Category News Views 198

Shaw-Ross International Importers Expands Spirits Portfolio Shaw-Ross International Importers is excited to announce its partnership with Tenjaku Whisky USA, bringing an esteemed range of Japanese spirits to the U.S. market. This collaboration includes exclusive distribution of Tenjaku's Japanese Whisky, Vodka, and Gin, commencing January 1, 2026. With this partnership,...

Continue Reading
UK CAA's eVTOL Model: A Leap Towards Electric Aviation

Updated Category News Views 201

Vertical Aerospace Embraces UK CAA's eVTOL Delivery Model Vertical Aerospace (Vertical) (NYSE: EVTL), a pioneering company in electric aviation, is making headlines with the UK Civil Aviation Authority's (CAA) introduction of a new regulatory framework for eVTOL aircraft. This framework paves the way for commercial electric vertical take-off and landing (eVTOL) operations...

Continue Reading
Bitcoin's Shift: Anticipating Federal Reserve Action

Updated Category News Views 104

Bitcoin's Recent Performance and Insights from the Federal Reserve Recently, Bitcoin has taken a step back, particularly as the cryptocurrency market braces for a possible interest rate cut from the Federal Reserve. This anticipated policy shift has made many investors uneasy, with expectations mounting for a notable announcement later this week. How the Market Reacts to...

Continue Reading
Key Insights for Cepton, Inc. Investors Facing Class Action

Updated Category News Views 160

Understanding the Cepton, Inc. Class Action Attention, investors! If you have traded shares of Cepton, Inc. (NASDAQ: CPTN), it’s crucial you pay close attention. There’s an ongoing class action lawsuit concerning the company's common stock transactions and important deadlines approaching. Background of the Lawsuit The Rosen Law Firm, known for defending investor...

Continue Reading
Sharon AI Enhances Services with NVIDIA H100 GPU Deployment

Updated Category News Views 58

Sharon AI Expands GPU Fleet with NVIDIA H100 Deployments Sharon AI, Inc, a leading player in High-Performance Computing, is making strides in its capabilities by significantly expanding its GPU fleet. The recent deployment of 160 NVIDIA H100 GPUs has enhanced its offerings at NEXTDC’s Tier IV co-location facilities. This expansion allows Sharon AI to provide more robust...

Continue Reading