{"id":397973,"date":"2020-12-10T19:34:17","date_gmt":"2020-12-11T00:34:17","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=397973"},"modified":"2020-12-10T19:34:17","modified_gmt":"2020-12-11T00:34:17","slug":"rosen-global-investor-counsel-announces-investigation-of-securities-claims-against-qiwi-plc-encourages-investors-with-losses-in-excess-of-100k-to-contact-the-firm-qiwi","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-global-investor-counsel-announces-investigation-of-securities-claims-against-qiwi-plc-encourages-investors-with-losses-in-excess-of-100k-to-contact-the-firm-qiwi\/","title":{"rendered":"ROSEN, GLOBAL INVESTOR COUNSEL, Announces Investigation of Securities Claims Against Qiwi plc; Encourages Investors with Losses in Excess of $100K to Contact the Firm \u2013 QIWI"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>ROSEN, GLOBAL INVESTOR COUNSEL, Announces Investigation of Securities Claims Against Qiwi plc; Encourages Investors with Losses in Excess of $100K to Contact the Firm \u2013 QIWI<\/b><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nRosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Qiwi plc (NASDAQ: QIWI) resulting from allegations that Qiwi may have issued materially misleading business information to the investing public.\n<\/p>\n<p>\nOn December 10, 2020, Qiwi issued a press release entitled &#8220;QIWI (QIWI) Fined by Bank of Russia, Restricts Operations.&#8221; The press release stated, in relevant part, that &#8220;[f]rom July to December 2020, the Central Bank of Russia (&#8216;CBR&#8217;), acting in its supervisory capacity, performed a routine scheduled audit of Qiwi Bank JSC (&#8216;Qiwi Bank&#8217;) for the period of July 2018 to September 2020 and, in the course of this audit, has identified certain violations and deficiencies relating primarily to reporting and record-keeping requirements. . . . The monetary fine imposed on Qiwi Bank as a result of these findings was RUB 11 million, or approximately USD 150,000.&#8221; Qiwi further disclosed that &#8220;as part of its instruction letter setting forth the findings of the audit, the CBR introduced certain restrictions with respect to Qiwi Bank&#8217;s operations, including, effective from December 7, 2020, the suspension or limitation of most types of payments to foreign merchants and money transfers to pre-paid cards from corporate accounts.&#8221;\n<\/p>\n<p>\nOn this news, Qiwi\u2019s ADR price fell $2.80 per share, or 20.6%, to close at $10.79 per share on December 10, 2020.\n<\/p>\n<p>\nRosen Law Firm is preparing a securities lawsuit on behalf of Qiwi shareholders. If you purchased securities of Qiwi please visit the firm\u2019s website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.rosenlegal.com%2Fcases-register-2005.html&amp;esheet=52346857&amp;newsitemid=20201210006198&amp;lan=en-US&amp;anchor=http%3A%2F%2Fwww.rosenlegal.com%2Fcases-register-2005.html&amp;index=1&amp;md5=3af4712922dc05f9bbae431f5bfd6750\">http:\/\/www.rosenlegal.com\/cases-register-2005.html<\/a> to join the securities action. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at <a rel=\"nofollow\" href=\"mailto:pkim@rosenlegal.com\">pkim@rosenlegal.com<\/a> or <a rel=\"nofollow\" href=\"mailto:cases@rosenlegal.com\">cases@rosenlegal.com<\/a>.\n<\/p>\n<p>\nFollow us for updates on LinkedIn: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fthe-rosen-law-firm&amp;esheet=52346857&amp;newsitemid=20201210006198&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fthe-rosen-law-firm&amp;index=2&amp;md5=26b9cc0864004b29adb907b568eb801b\">https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a> or on Twitter: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2Frosen_firm&amp;esheet=52346857&amp;newsitemid=20201210006198&amp;lan=en-US&amp;anchor=https%3A%2F%2Ftwitter.com%2Frosen_firm&amp;index=3&amp;md5=2ac0e23a01a64c84d64af126fa845f6e\">https:\/\/twitter.com\/rosen_firm<\/a> or on Facebook: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.facebook.com%2Frosenlawfirm&amp;esheet=52346857&amp;newsitemid=20201210006198&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.facebook.com%2Frosenlawfirm&amp;index=4&amp;md5=0835fb7ada08f5afb71185145f083e0a\">https:\/\/www.facebook.com\/rosenlawfirm<\/a>.\n<\/p>\n<p>\nRosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm\u2019s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.\n<\/p>\n<p>\nAttorney Advertising. Prior results do not guarantee a similar outcome.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201210006198r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201210006198\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201210006198\/en\/<\/a><\/span><\/p>\n<p>\nLaurence Rosen, Esq.<br \/>\n<br \/>Phillip Kim, Esq.<br \/>\n<br \/>The Rosen Law Firm, P.A.<br \/>\n<br \/>275 Madison Avenue, 40<sup>th<\/sup> Floor<br \/>\n<br \/>New York, NY 10016<br \/>\n<br \/>Tel: (212) 686-1060<br \/>\n<br \/>Toll Free: (866) 767-3653<br \/>\n<br \/>Fax: (212) 202-3827<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:lrosen@rosenlegal.com\">lrosen@rosenlegal.com<br \/>\n<\/a><br \/><a rel=\"nofollow\" href=\"mailto:pkim@rosenlegal.com\">pkim@rosenlegal.com<br \/>\n<\/a><br \/><a rel=\"nofollow\" href=\"mailto:cases@rosenlegal.com\">cases@rosenlegal.com<br \/>\n<\/a><br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.rosenlegal.com&amp;esheet=52346857&amp;newsitemid=20201210006198&amp;lan=en-US&amp;anchor=www.rosenlegal.com&amp;index=5&amp;md5=31650895bc9d832fbfd4152ef2e1bb91\">www.rosenlegal.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> New York United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201210006198\/en\/841157\/3\/Firm_Logo_November_2020.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>ROSEN, GLOBAL INVESTOR COUNSEL, Announces Investigation of Securities Claims Against Qiwi plc; Encourages Investors with Losses in Excess of $100K to Contact the Firm \u2013 QIWI NEW YORK&#8211;(BUSINESS WIRE)&#8211; Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Qiwi plc (NASDAQ: QIWI) resulting from allegations that Qiwi may have issued materially misleading business information to the investing public. On December 10, 2020, Qiwi issued a press release entitled &#8220;QIWI (QIWI) Fined by Bank of Russia, Restricts Operations.&#8221; The press release stated, in relevant part, that &#8220;[f]rom July to December 2020, the Central Bank of Russia (&#8216;CBR&#8217;), acting in its supervisory capacity, performed a routine scheduled audit of Qiwi &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-global-investor-counsel-announces-investigation-of-securities-claims-against-qiwi-plc-encourages-investors-with-losses-in-excess-of-100k-to-contact-the-firm-qiwi\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;ROSEN, GLOBAL INVESTOR COUNSEL, Announces Investigation of Securities Claims Against Qiwi plc; Encourages Investors with Losses in Excess of $100K to Contact the Firm \u2013 QIWI&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-397973","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ROSEN, GLOBAL INVESTOR COUNSEL, Announces Investigation of Securities Claims Against Qiwi plc; Encourages Investors with Losses in Excess of $100K to Contact the Firm \u2013 QIWI - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-global-investor-counsel-announces-investigation-of-securities-claims-against-qiwi-plc-encourages-investors-with-losses-in-excess-of-100k-to-contact-the-firm-qiwi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ROSEN, GLOBAL INVESTOR COUNSEL, Announces Investigation of Securities Claims Against Qiwi plc; Encourages Investors with Losses in Excess of $100K to Contact the Firm \u2013 QIWI - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"ROSEN, GLOBAL INVESTOR COUNSEL, Announces Investigation of Securities Claims Against Qiwi plc; Encourages Investors with Losses in Excess of $100K to Contact the Firm \u2013 QIWI NEW YORK&#8211;(BUSINESS WIRE)&#8211; Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Qiwi plc (NASDAQ: QIWI) resulting from allegations that Qiwi may have issued materially misleading business information to the investing public. On December 10, 2020, Qiwi issued a press release entitled &#8220;QIWI (QIWI) Fined by Bank of Russia, Restricts Operations.&#8221; The press release stated, in relevant part, that &#8220;[f]rom July to December 2020, the Central Bank of Russia (&#8216;CBR&#8217;), acting in its supervisory capacity, performed a routine scheduled audit of Qiwi &hellip; Continue reading &quot;ROSEN, GLOBAL INVESTOR COUNSEL, Announces Investigation of Securities Claims Against Qiwi plc; Encourages Investors with Losses in Excess of $100K to Contact the Firm \u2013 QIWI&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-global-investor-counsel-announces-investigation-of-securities-claims-against-qiwi-plc-encourages-investors-with-losses-in-excess-of-100k-to-contact-the-firm-qiwi\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-11T00:34:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201210006198r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rosen-global-investor-counsel-announces-investigation-of-securities-claims-against-qiwi-plc-encourages-investors-with-losses-in-excess-of-100k-to-contact-the-firm-qiwi\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rosen-global-investor-counsel-announces-investigation-of-securities-claims-against-qiwi-plc-encourages-investors-with-losses-in-excess-of-100k-to-contact-the-firm-qiwi\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"ROSEN, GLOBAL INVESTOR COUNSEL, Announces Investigation of Securities Claims Against Qiwi plc; 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Encourages Investors with Losses in Excess of $100K to Contact the Firm \u2013 QIWI - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-global-investor-counsel-announces-investigation-of-securities-claims-against-qiwi-plc-encourages-investors-with-losses-in-excess-of-100k-to-contact-the-firm-qiwi\/","og_locale":"en_US","og_type":"article","og_title":"ROSEN, GLOBAL INVESTOR COUNSEL, Announces Investigation of Securities Claims Against Qiwi plc; Encourages Investors with Losses in Excess of $100K to Contact the Firm \u2013 QIWI - Market Newsdesk","og_description":"ROSEN, GLOBAL INVESTOR COUNSEL, Announces Investigation of Securities Claims Against Qiwi plc; Encourages Investors with Losses in Excess of $100K to Contact the Firm \u2013 QIWI NEW YORK&#8211;(BUSINESS WIRE)&#8211; Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Qiwi plc (NASDAQ: QIWI) resulting from allegations that Qiwi may have issued materially misleading business information to the investing public. On December 10, 2020, Qiwi issued a press release entitled &#8220;QIWI (QIWI) Fined by Bank of Russia, Restricts Operations.&#8221; The press release stated, in relevant part, that &#8220;[f]rom July to December 2020, the Central Bank of Russia (&#8216;CBR&#8217;), acting in its supervisory capacity, performed a routine scheduled audit of Qiwi &hellip; Continue reading \"ROSEN, GLOBAL INVESTOR COUNSEL, Announces Investigation of Securities Claims Against Qiwi plc; Encourages Investors with Losses in Excess of $100K to Contact the Firm \u2013 QIWI\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-global-investor-counsel-announces-investigation-of-securities-claims-against-qiwi-plc-encourages-investors-with-losses-in-excess-of-100k-to-contact-the-firm-qiwi\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-11T00:34:17+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201210006198r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-global-investor-counsel-announces-investigation-of-securities-claims-against-qiwi-plc-encourages-investors-with-losses-in-excess-of-100k-to-contact-the-firm-qiwi\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-global-investor-counsel-announces-investigation-of-securities-claims-against-qiwi-plc-encourages-investors-with-losses-in-excess-of-100k-to-contact-the-firm-qiwi\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"ROSEN, GLOBAL INVESTOR COUNSEL, Announces Investigation of Securities Claims Against Qiwi plc; 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