{"id":400334,"date":"2020-12-15T15:20:42","date_gmt":"2020-12-15T20:20:42","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=400334"},"modified":"2020-12-15T15:20:42","modified_gmt":"2020-12-15T20:20:42","slug":"qiwi-plc-class-action-alert-wolf-haldenstein-adler-freeman-herz-llp-announces-that-a-securities-class-action-lawsuit-has-been-filed-in-the-united-states-district-court-for-the-eastern-district","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/qiwi-plc-class-action-alert-wolf-haldenstein-adler-freeman-herz-llp-announces-that-a-securities-class-action-lawsuit-has-been-filed-in-the-united-states-district-court-for-the-eastern-district\/","title":{"rendered":"QIWI PLC CLASS ACTION ALERT: Wolf Haldenstein Adler Freeman & Herz LLP announces that a securities class action lawsuit has been filed in the United States District Court for the Eastern District of New York against Qiwi Plc"},"content":{"rendered":"
\n

\n
\n LEAD PLAINTIFF DEADLINE IS FEBRUARY 9, 2021<\/strong>
\n <\/strong>
\n \n <\/p>\n

NEW YORK, Dec. 15, 2020 (GLOBE NEWSWIRE) — Wolf Haldenstein Adler Freeman & Herz LLP<\/a> announces that a federal securities class action lawsuit has been filed in the United States District Court for the Eastern District of New York on behalf of those who purchased or acquired the American Depositary Receipts (\u201cADR\u2019s\u201d) of Qiwi Plc (\u201cQiwi\u201d or the \u201cCompany\u201d) (NASDAQ: QIWI) securities between March 28, 2019 and December 9, 2020 inclusive (the \u201cClass Period\u201d).<\/p>\n

\n All investors who purchased ADR\u2019s of <\/strong>Qiwi Plc and incurred losses are urged to contact the firm immediately at <\/strong>classmember@whafh.com<\/strong><\/a> or (800) 575-0735 or (212) 545-4774. You may obtain additional information concerning the action or <\/strong>join the case<\/strong><\/a> on our website, <\/strong>www.whafh.com<\/strong><\/a>.<\/strong><\/a><\/p>\n

If you have incurred losses in the ADR\u2019s of Qiwi Plc, you may,<\/strong>no later than February 9, 2021, <\/strong>request that the Court appoint you lead plaintiff of the proposed class. Please contact Wolf Haldenstein<\/a> to learn more about your rights as an investor in the shares of ADR\u2019s of Qiwi Plc.<\/p>\n

\n
\n PLEASE CLICK HERE TO JOIN CASE<\/strong>
\n <\/a>\n <\/p>\n

On December 10, 2020, the Company issued a press release entitled “QIWI (QIWI) Fined by Bank of Russia, Restricts Operations.” Therein, Qiwi stated that “[f]rom July to December 2020, the Central Bank of Russia (‘CBR’), acting in its supervisory capacity, performed a routine scheduled audit of Qiwi Bank JSC (‘Qiwi Bank’) 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.\u201d <\/em><\/p>\n

The Company was fined RUB (Russian rubles) 11 million, or approximately USD $150,000. The release also stated that “the CBR introduced certain restrictions with respect to Qiwi Bank’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.”<\/em><\/p>\n

On this news, the Company\u2019s ADR price fell $2.80 per share, or 20%, to close at $10.79 per share on December 10, 2020.<\/p>\n

\n Wolf Haldenstein<\/a> has extensive experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country. The firm has attorneys in various practice areas; and offices in New York, Chicago and San Diego. The reputation and expertise of this firm in shareholder and other class litigation has been repeatedly recognized by the courts, which have appointed it to major positions in complex securities multi-district and consolidated litigation.<\/p>\n

If you wish to discuss this action or have any questions regarding your rights and interests in this case, please immediately contact Wolf Haldenstein<\/a> by telephone at (800) 575-0735, via e-mail at classmember@whafh.com<\/a>, or visit our website at www.whafh.com<\/a>.<\/a><\/p>\n

Contact:<\/p>\n

Wolf Haldenstein Adler Freeman & Herz LLP
Kevin Cooper, Esq.
Gregory Stone, Director of Case and Financial Analysis
Email: gstone@whafh.com<\/a>, kcooper@whafh.com<\/a>\u00a0or classmember@whafh.com<\/a>
Tel: (800) 575-0735 or (212) 545-4774<\/p>\n

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p>\n<\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

LEAD PLAINTIFF DEADLINE IS FEBRUARY 9, 2021 NEW YORK, Dec. 15, 2020 (GLOBE NEWSWIRE) — Wolf Haldenstein Adler Freeman & Herz LLP announces that a federal securities class action lawsuit has been filed in the United States District Court for the Eastern District of New York on behalf of those who purchased or acquired the American Depositary Receipts (\u201cADR\u2019s\u201d) of Qiwi Plc (\u201cQiwi\u201d or the \u201cCompany\u201d) (NASDAQ: QIWI) securities between March 28, 2019 and December 9, 2020 inclusive (the \u201cClass Period\u201d). All investors who purchased ADR\u2019s of Qiwi Plc and incurred losses are urged to contact the firm immediately at classmember@whafh.com or (800) 575-0735 or (212) 545-4774. You may obtain additional information concerning the action or join the case on … <\/p>\n

Continue reading “QIWI PLC CLASS ACTION ALERT: Wolf Haldenstein Adler Freeman & Herz LLP announces that a securities class action lawsuit has been filed in the United States District Court for the Eastern District of New York against Qiwi Plc”<\/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-400334","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nQIWI PLC CLASS ACTION ALERT: Wolf Haldenstein Adler Freeman & Herz LLP announces that a securities class action lawsuit has been filed in the United States District Court for the Eastern District of New York against Qiwi Plc - 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\/qiwi-plc-class-action-alert-wolf-haldenstein-adler-freeman-herz-llp-announces-that-a-securities-class-action-lawsuit-has-been-filed-in-the-united-states-district-court-for-the-eastern-district\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"QIWI PLC CLASS ACTION ALERT: Wolf Haldenstein Adler Freeman & Herz LLP announces that a securities class action lawsuit has been filed in the United States District Court for the Eastern District of New York against Qiwi Plc - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"LEAD PLAINTIFF DEADLINE IS FEBRUARY 9, 2021 NEW YORK, Dec. 15, 2020 (GLOBE NEWSWIRE) — Wolf Haldenstein Adler Freeman & Herz LLP announces that a federal securities class action lawsuit has been filed in the United States District Court for the Eastern District of New York on behalf of those who purchased or acquired the American Depositary Receipts (\u201cADR\u2019s\u201d) of Qiwi Plc (\u201cQiwi\u201d or the \u201cCompany\u201d) (NASDAQ: QIWI) securities between March 28, 2019 and December 9, 2020 inclusive (the \u201cClass Period\u201d). 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All investors who purchased ADR\u2019s of Qiwi Plc and incurred losses are urged to contact the firm immediately at classmember@whafh.com or (800) 575-0735 or (212) 545-4774. 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