{"id":400120,"date":"2020-12-15T10:03:38","date_gmt":"2020-12-15T15:03:38","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=400120"},"modified":"2020-12-15T10:03:38","modified_gmt":"2020-12-15T15:03:38","slug":"kndi-investor-alert-bronstein-gewirtz-grossman-llc-notifies-kandi-technologies-group-inc-shareholders-of-class-action-and-lead-plaintiff-deadline-february-9-2021","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/kndi-investor-alert-bronstein-gewirtz-grossman-llc-notifies-kandi-technologies-group-inc-shareholders-of-class-action-and-lead-plaintiff-deadline-february-9-2021\/","title":{"rendered":"KNDI Investor Alert: Bronstein, Gewirtz &amp; Grossman, LLC Notifies Kandi Technologies Group, Inc. Shareholders of Class Action and Lead Plaintiff Deadline: February 9, 2021"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">NEW YORK<\/span>, <span class=\"xn-chron\">Dec. 15, 2020<\/span> \/PRNewswire\/ &#8212; Attorney Advertising &#8212; Bronstein, Gewirtz &amp; Grossman, LLC notifies investors that a class action lawsuit has been filed against Kandi Technologies Group, Inc.\u00a0(&#8220;Kandi&#8221; or &#8220;the Company&#8221;) (NASDAQ: KNDI)\u00a0\u00a0and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Kandi\u00a0securities between\u00a0March 15, 2019\u00a0and\u00a0November 27, 2020,\u00a0both dates inclusive (the &#8220;Class Period&#8221;).\u00a0\u00a0Such investors are encouraged to join this case by visiting the firm&#8217;s site: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3011316-1&amp;h=2019646627&amp;u=http%3A%2F%2Fwww.bgandg.com%2Fkndi&amp;a=www.bgandg.com%2Fkndi\" rel=\"nofollow noopener noreferrer\">www.bgandg.com\/kndi<\/a>.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/439152\/Bronstein_Gewirtz_and_Grossman_LLC_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/439152\/Bronstein_Gewirtz_and_Grossman_LLC_Logo.jpg\" title=\"Bronstein, Gewirtz &amp; Grossman, LLC\" alt=\"Bronstein, Gewirtz &amp; Grossman, LLC\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p \/>\n<p>\n        <b>This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.\u00a0<\/b>\n      <\/p>\n<p \/>\n<p>The Complaint alleges that throughout the Class Period, Defendants made false and\/or misleading statements and\/or failed to disclose that:\u00a0(1) Kandi artificially inflated its reported revenues through undisclosed related party transactions, or otherwise had relationships with key customers that indicated those customers did not have an arms-length relationship with Kandi; (2) the majority of Kandi&#8217;s sales in the past year had been to undisclosed related parties and\/or parties with such a close relationship and history with Kandi that it cast doubt on the arms-length nature of their relationship; (3) all the foregoing, once revealed, was foreseeably likely to cast doubt on the validity of Kandi&#8217;s reported revenues and, in turn, have a foreseeable negative impact on the Company&#8217;s reputation and valuation; and (4) as a result, the Company&#8217;s public statements were materially false and misleading at all relevant times.<\/p>\n<p>A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm&#8217;s site: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3011316-1&amp;h=2019646627&amp;u=http%3A%2F%2Fwww.bgandg.com%2Fkndi&amp;a=www.bgandg.com%2Fkndi\" rel=\"nofollow noopener noreferrer\">www.bgandg.com\/kndi<\/a>\u00a0or you may contact <span class=\"xn-person\">Peretz Bronstein, Esq.<\/span> or his Investor Relations Analyst, <span class=\"xn-person\">Yael Hurwitz<\/span> of Bronstein, Gewirtz &amp; Grossman, LLC at 212-697-6484. If you suffered a loss in Kandi\u00a0you have until <span class=\"xn-chron\">February 9, 2021<\/span> to request that the Court appoint you as lead plaintiff.\u00a0 Your ability to share in any recovery doesn&#8217;t require that you serve as a lead plaintiff.<\/p>\n<p>Bronstein, Gewirtz &amp; Grossman, LLC is a corporate litigation boutique.\u00a0 Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.\u00a0 In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm&#8217;s expertise includes general corporate and commercial litigation, as well as securities arbitration.\u00a0 \u00a0Attorney advertising. Prior results do not guarantee similar outcomes.<\/p>\n<p>Contact: <br \/>Bronstein, Gewirtz &amp; Grossman, LLC<br \/><span class=\"xn-person\">Peretz Bronstein<\/span> or <span class=\"xn-person\">Yael Hurwitz<\/span><br \/>212-697-6484 | <a target=\"_blank\" href=\"mailto:info@bgandg.com\" rel=\"nofollow noopener noreferrer\">info@bgandg.com<\/a><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DC22297&amp;sd=2020-12-15\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/kndi-investor-alert-bronstein-gewirtz--grossman-llc-notifies-kandi-technologies-group-inc-shareholders-of-class-action-and-lead-plaintiff-deadline-february-9-2021-301191775.html\">http:\/\/www.prnewswire.com\/news-releases\/kndi-investor-alert-bronstein-gewirtz&#8211;grossman-llc-notifies-kandi-technologies-group-inc-shareholders-of-class-action-and-lead-plaintiff-deadline-february-9-2021-301191775.html<\/a><\/p>\n<p>SOURCE  Bronstein, Gewirtz &amp; Grossman, LLC<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DC22297&amp;Transmission_Id=202012151000PR_NEWS_USPR_____DC22297&amp;DateId=20201215\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK, Dec. 15, 2020 \/PRNewswire\/ &#8212; Attorney Advertising &#8212; Bronstein, Gewirtz &amp; Grossman, LLC notifies investors that a class action lawsuit has been filed against Kandi Technologies Group, Inc.\u00a0(&#8220;Kandi&#8221; or &#8220;the Company&#8221;) (NASDAQ: KNDI)\u00a0\u00a0and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Kandi\u00a0securities between\u00a0March 15, 2019\u00a0and\u00a0November 27, 2020,\u00a0both dates inclusive (the &#8220;Class Period&#8221;).\u00a0\u00a0Such investors are encouraged to join this case by visiting the firm&#8217;s site: www.bgandg.com\/kndi.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.\u00a0 The Complaint alleges that throughout the Class Period, Defendants made false and\/or misleading statements and\/or failed to disclose that:\u00a0(1) Kandi artificially inflated &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kndi-investor-alert-bronstein-gewirtz-grossman-llc-notifies-kandi-technologies-group-inc-shareholders-of-class-action-and-lead-plaintiff-deadline-february-9-2021\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;KNDI Investor Alert: Bronstein, Gewirtz &amp; Grossman, LLC Notifies Kandi Technologies Group, Inc. Shareholders of Class Action and Lead Plaintiff Deadline: February 9, 2021&#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-400120","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>KNDI Investor Alert: Bronstein, Gewirtz &amp; Grossman, LLC Notifies Kandi Technologies Group, Inc. 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Shareholders of Class Action and Lead Plaintiff Deadline: February 9, 2021 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK, Dec. 15, 2020 \/PRNewswire\/ &#8212; Attorney Advertising &#8212; Bronstein, Gewirtz &amp; Grossman, LLC notifies investors that a class action lawsuit has been filed against Kandi Technologies Group, Inc.\u00a0(&#8220;Kandi&#8221; or &#8220;the Company&#8221;) (NASDAQ: KNDI)\u00a0\u00a0and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Kandi\u00a0securities between\u00a0March 15, 2019\u00a0and\u00a0November 27, 2020,\u00a0both dates inclusive (the &#8220;Class Period&#8221;).\u00a0\u00a0Such investors are encouraged to join this case by visiting the firm&#8217;s site: www.bgandg.com\/kndi.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.\u00a0 The Complaint alleges that throughout the Class Period, Defendants made false and\/or misleading statements and\/or failed to disclose that:\u00a0(1) Kandi artificially inflated &hellip; Continue reading &quot;KNDI Investor Alert: Bronstein, Gewirtz &amp; Grossman, LLC Notifies Kandi Technologies Group, Inc. 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Shareholders of Class Action and Lead Plaintiff Deadline: February 9, 2021 - Market Newsdesk","og_description":"PR Newswire NEW YORK, Dec. 15, 2020 \/PRNewswire\/ &#8212; Attorney Advertising &#8212; Bronstein, Gewirtz &amp; Grossman, LLC notifies investors that a class action lawsuit has been filed against Kandi Technologies Group, Inc.\u00a0(&#8220;Kandi&#8221; or &#8220;the Company&#8221;) (NASDAQ: KNDI)\u00a0\u00a0and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Kandi\u00a0securities between\u00a0March 15, 2019\u00a0and\u00a0November 27, 2020,\u00a0both dates inclusive (the &#8220;Class Period&#8221;).\u00a0\u00a0Such investors are encouraged to join this case by visiting the firm&#8217;s site: www.bgandg.com\/kndi.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.\u00a0 The Complaint alleges that throughout the Class Period, Defendants made false and\/or misleading statements and\/or failed to disclose that:\u00a0(1) Kandi artificially inflated &hellip; Continue reading \"KNDI Investor Alert: Bronstein, Gewirtz &amp; Grossman, LLC Notifies Kandi Technologies Group, Inc. 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