{"id":419833,"date":"2021-01-23T10:14:27","date_gmt":"2021-01-23T15:14:27","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=419833"},"modified":"2021-01-23T10:14:27","modified_gmt":"2021-01-23T15:14:27","slug":"qiwi-deadline-alert-securities-litigation-partner-james-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-qiwi-to-contact-him-directly-to-discuss-their-options-3","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/qiwi-deadline-alert-securities-litigation-partner-james-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-qiwi-to-contact-him-directly-to-discuss-their-options-3\/","title":{"rendered":"QIWI DEADLINE ALERT: Securities Litigation Partner James Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 in Qiwi to Contact Him Directly to Discuss Their Options"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">\n        <strong>If you suffered losses exceeding $50,000 investing in Qiwi stock or options between March 28, 2019 and December 9, 2020 <\/strong>and would like to discuss your legal rights, click here<strong>:<\/strong><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=pgMA9AP-Mhgvs3nODR7tXPo6OulY00O87tm1F26-lS8KzTRY27ie_wG_uk4a8DWvzNpkEwGJH-_KfWf33wmBD31SSwis0wwpCRqoa7yT13I=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.faruqilaw.com\/QIWI<\/a> or call Faruqi &amp; Faruqi partner <strong>James Wilson directly <\/strong>at <strong>877-247-4292 <\/strong>or <strong>212-983-9330 (Ext. 1310)<\/strong>.<\/p>\n<p>\n        <strong>There is no cost or obligation to you.<\/strong>\n      <\/p>\n<p>FARUQI &amp; FARUQI, LLP<br \/>685 Third Avenue, 26th Floor <br \/>New York, NY 10017<br \/>877.247.4292<br \/>212.983.9330<br \/>jwilson@faruqilaw.com<\/p>\n<p>NEW YORK, Jan.  23, 2021  (GLOBE NEWSWIRE) &#8212; Faruqi &amp; Faruqi, LLP, a leading minority and certified woman-owned national securities law firm, is investigating potential claims against Qiwi plc (\u201cQiwi\u201d or the \u201cCompany\u201d) (NASDAQ:QIWI) and reminds investors of the February 9, 2021 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.<\/p>\n<p>As detailed below, the lawsuit focuses on whether the Company and its executives violated federal securities laws by making false and\/or misleading statements and\/or failing 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.<\/p>\n<p>Specifically, on 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.<\/p>\n<p>On this news, Qiwi\u2019s ADS price fell $2.80 per share, or 20.6%, to close at $10.79 per share on December 10, 2020, damaging investors.<\/p>\n<p>The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.\u00a0\u00a0<\/p>\n<p>Faruqi &amp; Faruqi, LLP also encourages anyone with information regarding Qiwi\u2019s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.<\/p>\n<p>Attorney Advertising. The law firm responsible for this advertisement is Faruqi &amp; Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE0MDMzNCMzOTQxMzQzIzIwMTc2MzY=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/4c2da5e3-561e-4d33-8294-95c79b62af23\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>If you suffered losses exceeding $50,000 investing in Qiwi stock or options between March 28, 2019 and December 9, 2020 and would like to discuss your legal rights, click here:www.faruqilaw.com\/QIWI or call Faruqi &amp; Faruqi partner James Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). There is no cost or obligation to you. FARUQI &amp; FARUQI, LLP685 Third Avenue, 26th Floor New York, NY 10017877.247.4292212.983.9330jwilson@faruqilaw.com NEW YORK, Jan. 23, 2021 (GLOBE NEWSWIRE) &#8212; Faruqi &amp; Faruqi, LLP, a leading minority and certified woman-owned national securities law firm, is investigating potential claims against Qiwi plc (\u201cQiwi\u201d or the \u201cCompany\u201d) (NASDAQ:QIWI) and reminds investors of the February 9, 2021 deadline to seek the role of lead plaintiff in a federal securities class &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/qiwi-deadline-alert-securities-litigation-partner-james-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-qiwi-to-contact-him-directly-to-discuss-their-options-3\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;QIWI DEADLINE ALERT: Securities Litigation Partner James Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 in Qiwi to Contact Him Directly to Discuss Their Options&#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-419833","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>QIWI DEADLINE ALERT: Securities Litigation Partner James Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 in Qiwi to Contact Him Directly to Discuss Their Options - 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-deadline-alert-securities-litigation-partner-james-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-qiwi-to-contact-him-directly-to-discuss-their-options-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"QIWI DEADLINE ALERT: Securities Litigation Partner James Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 in Qiwi to Contact Him Directly to Discuss Their Options - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"If you suffered losses exceeding $50,000 investing in Qiwi stock or options between March 28, 2019 and December 9, 2020 and would like to discuss your legal rights, click here:www.faruqilaw.com\/QIWI or call Faruqi &amp; Faruqi partner James Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). There is no cost or obligation to you. FARUQI &amp; FARUQI, LLP685 Third Avenue, 26th Floor New York, NY 10017877.247.4292212.983.9330jwilson@faruqilaw.com NEW YORK, Jan. 23, 2021 (GLOBE NEWSWIRE) &#8212; Faruqi &amp; Faruqi, LLP, a leading minority and certified woman-owned national securities law firm, is investigating potential claims against Qiwi plc (\u201cQiwi\u201d or the \u201cCompany\u201d) (NASDAQ:QIWI) and reminds investors of the February 9, 2021 deadline to seek the role of lead plaintiff in a federal securities class &hellip; Continue reading &quot;QIWI DEADLINE ALERT: Securities Litigation Partner James Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 in Qiwi to Contact Him Directly to Discuss Their Options&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/qiwi-deadline-alert-securities-litigation-partner-james-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-qiwi-to-contact-him-directly-to-discuss-their-options-3\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-23T15:14:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE0MDMzNCMzOTQxMzQzIzIwMTc2MzY=\" \/>\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\\\/qiwi-deadline-alert-securities-litigation-partner-james-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-qiwi-to-contact-him-directly-to-discuss-their-options-3\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/qiwi-deadline-alert-securities-litigation-partner-james-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-qiwi-to-contact-him-directly-to-discuss-their-options-3\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"QIWI DEADLINE ALERT: Securities Litigation Partner James Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 in Qiwi to Contact Him Directly to Discuss Their Options\",\"datePublished\":\"2021-01-23T15:14:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/qiwi-deadline-alert-securities-litigation-partner-james-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-qiwi-to-contact-him-directly-to-discuss-their-options-3\\\/\"},\"wordCount\":485,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/qiwi-deadline-alert-securities-litigation-partner-james-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-qiwi-to-contact-him-directly-to-discuss-their-options-3\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODE0MDMzNCMzOTQxMzQzIzIwMTc2MzY=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/qiwi-deadline-alert-securities-litigation-partner-james-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-qiwi-to-contact-him-directly-to-discuss-their-options-3\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/qiwi-deadline-alert-securities-litigation-partner-james-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-qiwi-to-contact-him-directly-to-discuss-their-options-3\\\/\",\"name\":\"QIWI DEADLINE ALERT: Securities Litigation Partner James Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 in Qiwi to Contact Him Directly to Discuss Their Options - 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FARUQI &amp; FARUQI, LLP685 Third Avenue, 26th Floor New York, NY 10017877.247.4292212.983.9330jwilson@faruqilaw.com NEW YORK, Jan. 23, 2021 (GLOBE NEWSWIRE) &#8212; Faruqi &amp; Faruqi, LLP, a leading minority and certified woman-owned national securities law firm, is investigating potential claims against Qiwi plc (\u201cQiwi\u201d or the \u201cCompany\u201d) (NASDAQ:QIWI) and reminds investors of the February 9, 2021 deadline to seek the role of lead plaintiff in a federal securities class &hellip; Continue reading \"QIWI DEADLINE ALERT: Securities Litigation Partner James Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 in Qiwi to Contact Him Directly to Discuss Their Options\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/qiwi-deadline-alert-securities-litigation-partner-james-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-qiwi-to-contact-him-directly-to-discuss-their-options-3\/","og_site_name":"Market Newsdesk","article_published_time":"2021-01-23T15:14:27+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE0MDMzNCMzOTQxMzQzIzIwMTc2MzY=","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\/qiwi-deadline-alert-securities-litigation-partner-james-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-qiwi-to-contact-him-directly-to-discuss-their-options-3\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/qiwi-deadline-alert-securities-litigation-partner-james-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-qiwi-to-contact-him-directly-to-discuss-their-options-3\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"QIWI DEADLINE ALERT: Securities Litigation Partner James Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 in Qiwi to Contact Him Directly to Discuss Their Options","datePublished":"2021-01-23T15:14:27+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/qiwi-deadline-alert-securities-litigation-partner-james-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-qiwi-to-contact-him-directly-to-discuss-their-options-3\/"},"wordCount":485,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/qiwi-deadline-alert-securities-litigation-partner-james-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-qiwi-to-contact-him-directly-to-discuss-their-options-3\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE0MDMzNCMzOTQxMzQzIzIwMTc2MzY=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/qiwi-deadline-alert-securities-litigation-partner-james-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-qiwi-to-contact-him-directly-to-discuss-their-options-3\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/qiwi-deadline-alert-securities-litigation-partner-james-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-qiwi-to-contact-him-directly-to-discuss-their-options-3\/","name":"QIWI DEADLINE ALERT: Securities Litigation Partner James Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 in Qiwi to Contact Him Directly to Discuss Their Options - 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