{"id":413338,"date":"2021-01-12T11:41:39","date_gmt":"2021-01-12T16:41:39","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=413338"},"modified":"2021-01-12T11:41:39","modified_gmt":"2021-01-12T16:41:39","slug":"kndi-alert-deadline-pawar-law-group-announces-a-securities-class-action-lawsuit-against-kandi-technologies-group-inc-kndi","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/kndi-alert-deadline-pawar-law-group-announces-a-securities-class-action-lawsuit-against-kandi-technologies-group-inc-kndi\/","title":{"rendered":"KNDI ALERT DEADLINE: Pawar Law Group Announces a Securities Class Action Lawsuit Against Kandi Technologies Group, Inc.\u2013 KNDI"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">NEW YORK, Jan.  12, 2021  (GLOBE NEWSWIRE) &#8212; Pawar Law Group announces that a class action lawsuit has been filed on behalf of shareholders who purchased shares of Kandi Technologies Group, Inc. (NASDAQ: KNDI) from March 15, 2019 through November 27, 2020, inclusive (the \u201cClass Period\u201d). The lawsuit seeks to recover damages for Kandi Technologies Group, Inc. investors under the federal securities laws.<\/p>\n<p align=\"justify\">To join the class action, go <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=wn5LT9pkhwVfq98jhA0JwHwlPNifMZjtzMl75sKF6pMWiqr2gazqS-8EYLMQ6B6wQSeVRZENSZKXVQ6wM788XRRrCjADcgdCXRaCMCNqCPuxPtOPcAGZCqWhixf379ul2tYiVNXeKC1JrLHvJ2_zuQ==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">here<\/a> or call Vik Pawar, Esq. toll-free at 888-589-9804 or email\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=fxLjvl14dlfoD74e1oIvQ-SuICholPUikO0taPyMXxu6ciIfeLoxjzOP8Qedn6yg1Oh_WcKiK6cmPFTn4Ufv98msRLtYxsxgfKEMN7rgbEk=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">info@pawarlawgroup.com<\/a>\u00a0for information on the class action.<\/p>\n<p align=\"justify\">According to the lawsuit, \u00a0defendants made false and\/or misleading statements and\/or failed to disclose that: \u00a0Kandi 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; the majority of Kandi\u2019s 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; all the foregoing, once revealed, was foreseeably likely to cast doubt on the validity of Kandi\u2019s reported revenues and, in turn, have a foreseeable negative impact on the Company\u2019s reputation and valuation; and as a result, the Company\u2019s public statements were materially false and misleading at all relevant times. According to the suit, these true details were disclosed by a market research firm.<\/p>\n<p align=\"justify\">If you wish to serve as lead plaintiff, you must move the Court no later than <strong>February 9, 2021.<\/strong> A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.<\/p>\n<p align=\"justify\">No class has been certified. Until a class is certified, you are not represented by counsel unless you hire one. You may hire counsel of your choice. You may also do nothing at this time and be an absent member of the class. Your ability to share in any future recovery is not dependent upon being a lead plaintiff.<\/p>\n<p align=\"justify\">Pawar Law Group represents investors from around the world. Attorney advertising. Prior results do not guarantee or predict a similar outcome with respect to any future matter.<br \/>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-<\/p>\n<p align=\"justify\">Contact:\u00a0\u00a0<br \/>Vik Pawar, Esq.\u00a0\u00a0<br \/>Pawar Law Group\u00a0\u00a0<br \/>20 Vesey Street, Suite 1410\u00a0\u00a0<br \/>New York, NY 10007\u00a0\u00a0<br \/>Tel: (917) 261-2277\u00a0\u00a0<br \/>Fax: (212) 571-0938\u00a0\u00a0<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=fxLjvl14dlfoD74e1oIvQ-SuICholPUikO0taPyMXxs3vW49RbwyVLu05Zj0jNFn3BsstliY0ccUMTBI10aqoEPbfvdbKpc1FT31o79lx08=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">info@pawarlawgroup.com<\/a>\u00a0 \u00a0<\/p>\n<p align=\"justify\">\n        \n      <\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyNDYyMSMzOTE1Njc2IzIwODMxNDk=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/7149974a-7cf7-462d-8c3f-3de73dbbc788\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, Jan. 12, 2021 (GLOBE NEWSWIRE) &#8212; Pawar Law Group announces that a class action lawsuit has been filed on behalf of shareholders who purchased shares of Kandi Technologies Group, Inc. (NASDAQ: KNDI) from March 15, 2019 through November 27, 2020, inclusive (the \u201cClass Period\u201d). The lawsuit seeks to recover damages for Kandi Technologies Group, Inc. investors under the federal securities laws. To join the class action, go here or call Vik Pawar, Esq. toll-free at 888-589-9804 or email\u00a0info@pawarlawgroup.com\u00a0for information on the class action. According to the lawsuit, \u00a0defendants made false and\/or misleading statements and\/or failed to disclose that: \u00a0Kandi artificially inflated its reported revenues through undisclosed related party transactions, or otherwise had relationships with key customers that indicated &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kndi-alert-deadline-pawar-law-group-announces-a-securities-class-action-lawsuit-against-kandi-technologies-group-inc-kndi\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;KNDI ALERT DEADLINE: Pawar Law Group Announces a Securities Class Action Lawsuit Against Kandi Technologies Group, Inc.\u2013 KNDI&#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-413338","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>KNDI ALERT DEADLINE: Pawar Law Group Announces a Securities Class Action Lawsuit Against Kandi Technologies Group, Inc.\u2013 KNDI - 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\/kndi-alert-deadline-pawar-law-group-announces-a-securities-class-action-lawsuit-against-kandi-technologies-group-inc-kndi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KNDI ALERT DEADLINE: Pawar Law Group Announces a Securities Class Action Lawsuit Against Kandi Technologies Group, Inc.\u2013 KNDI - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Jan. 12, 2021 (GLOBE NEWSWIRE) &#8212; Pawar Law Group announces that a class action lawsuit has been filed on behalf of shareholders who purchased shares of Kandi Technologies Group, Inc. (NASDAQ: KNDI) from March 15, 2019 through November 27, 2020, inclusive (the \u201cClass Period\u201d). The lawsuit seeks to recover damages for Kandi Technologies Group, Inc. investors under the federal securities laws. To join the class action, go here or call Vik Pawar, Esq. toll-free at 888-589-9804 or email\u00a0info@pawarlawgroup.com\u00a0for information on the class action. According to the lawsuit, \u00a0defendants made false and\/or misleading statements and\/or failed to disclose that: \u00a0Kandi artificially inflated its reported revenues through undisclosed related party transactions, or otherwise had relationships with key customers that indicated &hellip; Continue reading &quot;KNDI ALERT DEADLINE: Pawar Law Group Announces a Securities Class Action Lawsuit Against Kandi Technologies Group, Inc.\u2013 KNDI&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/kndi-alert-deadline-pawar-law-group-announces-a-securities-class-action-lawsuit-against-kandi-technologies-group-inc-kndi\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-12T16:41:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyNDYyMSMzOTE1Njc2IzIwODMxNDk=\" \/>\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\\\/kndi-alert-deadline-pawar-law-group-announces-a-securities-class-action-lawsuit-against-kandi-technologies-group-inc-kndi\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kndi-alert-deadline-pawar-law-group-announces-a-securities-class-action-lawsuit-against-kandi-technologies-group-inc-kndi\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"KNDI ALERT DEADLINE: Pawar Law Group Announces a Securities Class Action Lawsuit Against Kandi Technologies Group, Inc.\u2013 KNDI\",\"datePublished\":\"2021-01-12T16:41:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kndi-alert-deadline-pawar-law-group-announces-a-securities-class-action-lawsuit-against-kandi-technologies-group-inc-kndi\\\/\"},\"wordCount\":396,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kndi-alert-deadline-pawar-law-group-announces-a-securities-class-action-lawsuit-against-kandi-technologies-group-inc-kndi\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODEyNDYyMSMzOTE1Njc2IzIwODMxNDk=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kndi-alert-deadline-pawar-law-group-announces-a-securities-class-action-lawsuit-against-kandi-technologies-group-inc-kndi\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kndi-alert-deadline-pawar-law-group-announces-a-securities-class-action-lawsuit-against-kandi-technologies-group-inc-kndi\\\/\",\"name\":\"KNDI ALERT DEADLINE: Pawar Law Group Announces a Securities Class Action Lawsuit Against Kandi Technologies Group, Inc.\u2013 KNDI - 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(NASDAQ: KNDI) from March 15, 2019 through November 27, 2020, inclusive (the \u201cClass Period\u201d). The lawsuit seeks to recover damages for Kandi Technologies Group, Inc. investors under the federal securities laws. To join the class action, go here or call Vik Pawar, Esq. toll-free at 888-589-9804 or email\u00a0info@pawarlawgroup.com\u00a0for information on the class action. According to the lawsuit, \u00a0defendants made false and\/or misleading statements and\/or failed to disclose that: \u00a0Kandi artificially inflated its reported revenues through undisclosed related party transactions, or otherwise had relationships with key customers that indicated &hellip; Continue reading \"KNDI ALERT DEADLINE: Pawar Law Group Announces a Securities Class Action Lawsuit Against Kandi Technologies Group, Inc.\u2013 KNDI\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/kndi-alert-deadline-pawar-law-group-announces-a-securities-class-action-lawsuit-against-kandi-technologies-group-inc-kndi\/","og_site_name":"Market Newsdesk","article_published_time":"2021-01-12T16:41:39+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyNDYyMSMzOTE1Njc2IzIwODMxNDk=","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\/kndi-alert-deadline-pawar-law-group-announces-a-securities-class-action-lawsuit-against-kandi-technologies-group-inc-kndi\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/kndi-alert-deadline-pawar-law-group-announces-a-securities-class-action-lawsuit-against-kandi-technologies-group-inc-kndi\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"KNDI ALERT DEADLINE: Pawar Law Group Announces a Securities Class Action Lawsuit Against Kandi Technologies Group, Inc.\u2013 KNDI","datePublished":"2021-01-12T16:41:39+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/kndi-alert-deadline-pawar-law-group-announces-a-securities-class-action-lawsuit-against-kandi-technologies-group-inc-kndi\/"},"wordCount":396,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/kndi-alert-deadline-pawar-law-group-announces-a-securities-class-action-lawsuit-against-kandi-technologies-group-inc-kndi\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyNDYyMSMzOTE1Njc2IzIwODMxNDk=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/kndi-alert-deadline-pawar-law-group-announces-a-securities-class-action-lawsuit-against-kandi-technologies-group-inc-kndi\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/kndi-alert-deadline-pawar-law-group-announces-a-securities-class-action-lawsuit-against-kandi-technologies-group-inc-kndi\/","name":"KNDI ALERT DEADLINE: Pawar Law Group Announces a Securities Class Action Lawsuit Against Kandi Technologies Group, Inc.\u2013 KNDI - 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