{"id":407037,"date":"2020-12-31T17:03:35","date_gmt":"2020-12-31T22:03:35","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=407037"},"modified":"2020-12-31T17:03:35","modified_gmt":"2020-12-31T22:03:35","slug":"investor-alert-kirby-mcinerney-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-qiwi-plc-and-encourages-investors-to-contact-the-firm-before-february-9-2021","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-qiwi-plc-and-encourages-investors-to-contact-the-firm-before-february-9-2021\/","title":{"rendered":"INVESTOR ALERT: Kirby McInerney Reminds Investors That a Class Action Lawsuit Has Been Filed Against Qiwi plc and Encourages Investors to Contact the Firm Before February 9, 2021"},"content":{"rendered":"

<\/p>\n

INVESTOR ALERT: Kirby McInerney Reminds Investors That a Class Action Lawsuit Has Been Filed Against Qiwi plc and Encourages Investors to Contact the Firm Before February 9, 2021<\/b><\/p>\n

NEW YORK–(BUSINESS WIRE<\/a>)–
\nThe law firm of Kirby McInerney LLP<\/a> reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Eastern District of New York on behalf of those who acquired Qiwi plc (\u201cQiwi\u201d or the \u201cCompany\u201d) (NASDAQ: QIWI<\/a>) securities during the period from March 28, 2019 through December 9, 2020, inclusive (the \u201cClass Period\u201d). Investors have until February 9, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit.\n<\/p>\n

\nAccording to the lawsuit, defendants throughout the Class Period made false and\/or misleading statements and\/or failed to disclose that: (1) Qiwi\u2019s internal controls related to reporting and record-keeping were ineffective; (2) consequently, the Central Bank of Russia would impose a monetary fine upon the Company and impose restrictions upon the Company\u2019s ability to make payments to foreign merchants and transfer money to pre-paid cards; and (3) as a result, Defendants\u2019 public statements were materially false and\/or misleading at all relevant times.\n<\/p>\n

\nOn December 9, 2020, after the market closed, Qiwi filed a Form 6-K with the SEC, announcing that the Central Bank of Russia had imposed a fine of approximately $150,000 for deficient record-keeping and reporting, and suspended the Company\u2019s conduct most types of payments to foreign merchants and money transfers to pre-paid cards from corporate accounts. On this news, Qiwi\u2019s ADS price fell $2.80 per share, or approximately 20.6%, to close at $10.79 per share on December 10, 2020.\n<\/p>\n

\nIf you acquired Qiwi securities, have information, or would like to learn more about these claims, please contact Thomas W. Elrod<\/a> of Kirby McInerney at 212-371-6600, by email at investigations@kmllp.com<\/a>, or by filling out this contact form<\/a>, to discuss your rights or interests with respect to these matters without any cost to you.\n<\/p>\n

Kirby McInerney<\/a> is a New York-based plaintiffs\u2019 law firm concentrating in securities, antitrust, and whistleblower litigation. The firm\u2019s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney\u2019s website: www.kmllp.com<\/a>.\n<\/p>\n

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

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201231005233\/en\/<\/a><\/span><\/p>\n

\nKirby McInerney LLP
\n
Thomas W. Elrod, Esq., (212) 371-6600
\n
investigations@kmllp.com
\n<\/a>
www.kmllp.com<\/a><\/p>\n

KEYWORDS:<\/b> California New York United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

INVESTOR ALERT: Kirby McInerney Reminds Investors That a Class Action Lawsuit Has Been Filed Against Qiwi plc and Encourages Investors to Contact the Firm Before February 9, 2021 NEW YORK–(BUSINESS WIRE)– The law firm of Kirby McInerney LLP reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Eastern District of New York on behalf of those who acquired Qiwi plc (\u201cQiwi\u201d or the \u201cCompany\u201d) (NASDAQ: QIWI) securities during the period from March 28, 2019 through December 9, 2020, inclusive (the \u201cClass Period\u201d). Investors have until February 9, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit. According to the lawsuit, defendants throughout the Class Period made … <\/p>\n

Continue reading “INVESTOR ALERT: Kirby McInerney Reminds Investors That a Class Action Lawsuit Has Been Filed Against Qiwi plc and Encourages Investors to Contact the Firm Before February 9, 2021”<\/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-407037","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nINVESTOR ALERT: Kirby McInerney Reminds Investors That a Class Action Lawsuit Has Been Filed Against Qiwi plc and Encourages Investors to Contact the Firm Before February 9, 2021 - 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\/investor-alert-kirby-mcinerney-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-qiwi-plc-and-encourages-investors-to-contact-the-firm-before-february-9-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"INVESTOR ALERT: Kirby McInerney Reminds Investors That a Class Action Lawsuit Has Been Filed Against Qiwi plc and Encourages Investors to Contact the Firm Before February 9, 2021 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"INVESTOR ALERT: Kirby McInerney Reminds Investors That a Class Action Lawsuit Has Been Filed Against Qiwi plc and Encourages Investors to Contact the Firm Before February 9, 2021 NEW YORK–(BUSINESS WIRE)– The law firm of Kirby McInerney LLP reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Eastern District of New York on behalf of those who acquired Qiwi plc (\u201cQiwi\u201d or the \u201cCompany\u201d) (NASDAQ: QIWI) securities during the period from March 28, 2019 through December 9, 2020, inclusive (the \u201cClass Period\u201d). Investors have until February 9, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit. 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Investors have until February 9, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit. 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