{"id":472392,"date":"2021-04-07T05:06:13","date_gmt":"2021-04-07T09:06:13","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=472392"},"modified":"2021-04-07T05:06:13","modified_gmt":"2021-04-07T09:06:13","slug":"ademi-llp-investigates-claims-of-securities-fraud-against-ebang-international-holdings-inc","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ademi-llp-investigates-claims-of-securities-fraud-against-ebang-international-holdings-inc\/","title":{"rendered":"Ademi LLP Investigates Claims of Securities Fraud against Ebang International Holdings Inc."},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n MILWAUKEE<\/span>, April 7, 2021<\/span> \/PRNewswire\/ — Ademi LLP is investigating possible securities fraud claims against Ebang (NASDAQ: EBON).\u00a0 The investigation results from inaccurate statements Ebang may have made regarding its financial results, business operations and prospects.<\/p>\n

Click here to learn more about the investigation: https:\/\/www.ademilaw.com\/case\/ebang-international-holdings-inc<\/a> or call Guri Ademi<\/span> toll-free at 866-264-3995. There is no cost or obligation to you. <\/p>\n

The investigation focuses on whether Ebang properly disclosed how it used the proceeds from its November IPO. Hindenburg Research has alleged Ebang is directing proceeds into a “series of opaque deals with insiders and questionable counterparties.” According to Hindenburg, Ebang claimed that it was using the $21 million<\/span> from its IPO “primarily for development,” but these proceeds were used to repay loans to a relative of Ebang’s Chairman\/CEO Dong Hu<\/span>.<\/p>\n

If you wish to obtain additional information or have information about this investigation, please contact Guri Ademi<\/span> either at gademi@ademilaw.com<\/a> or toll-free: 866-264-3995, https:\/\/www.ademilaw.com\/case\/ebang-international-holdings-inc<\/a>. \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n

We specialize in securities fraud and shareholder litigation.\u00a0 For more information, please feel free to call us. \u00a0Attorney advertising. Prior results do not guarantee similar outcomes. <\/p>\n

Contact:
Ademi LLP
Guri Ademi<\/span>
3620 East Layton Ave.
Cudahy, WI<\/span> 53110
Toll Free: (866) 264-3995
Fax: (414) 482-8001
www.ademilaw.com<\/a><\/p>\n

\n \"Cision\" View original content:http:\/\/www.prnewswire.com\/news-releases\/ademi-llp-investigates-claims-of-securities-fraud-against-ebang-international-holdings-inc-301263782.html<\/a><\/p>\n

SOURCE Ademi LLP<\/p>\n<\/p><\/div>\n

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

PR Newswire MILWAUKEE, April 7, 2021 \/PRNewswire\/ — Ademi LLP is investigating possible securities fraud claims against Ebang (NASDAQ: EBON).\u00a0 The investigation results from inaccurate statements Ebang may have made regarding its financial results, business operations and prospects. Click here to learn more about the investigation: https:\/\/www.ademilaw.com\/case\/ebang-international-holdings-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you. The investigation focuses on whether Ebang properly disclosed how it used the proceeds from its November IPO. Hindenburg Research has alleged Ebang is directing proceeds into a “series of opaque deals with insiders and questionable counterparties.” According to Hindenburg, Ebang claimed that it was using the $21 million from its IPO “primarily for development,” but these proceeds were … <\/p>\n

Continue reading “Ademi LLP Investigates Claims of Securities Fraud against Ebang International Holdings Inc.”<\/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-472392","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAdemi LLP Investigates Claims of Securities Fraud against Ebang International Holdings Inc. - 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\/ademi-llp-investigates-claims-of-securities-fraud-against-ebang-international-holdings-inc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ademi LLP Investigates Claims of Securities Fraud against Ebang International Holdings Inc. - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire MILWAUKEE, April 7, 2021 \/PRNewswire\/ — Ademi LLP is investigating possible securities fraud claims against Ebang (NASDAQ: EBON).\u00a0 The investigation results from inaccurate statements Ebang may have made regarding its financial results, business operations and prospects. Click here to learn more about the investigation: https:\/\/www.ademilaw.com\/case\/ebang-international-holdings-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you. The investigation focuses on whether Ebang properly disclosed how it used the proceeds from its November IPO. Hindenburg Research has alleged Ebang is directing proceeds into a “series of opaque deals with insiders and questionable counterparties.” According to Hindenburg, Ebang claimed that it was using the $21 million from its IPO “primarily for development,” but these proceeds were … Continue reading "Ademi LLP Investigates Claims of Securities Fraud against Ebang International Holdings Inc."\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/ademi-llp-investigates-claims-of-securities-fraud-against-ebang-international-holdings-inc\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-07T09:06:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CG34628&sd=2021-04-07\" \/>\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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ademi-llp-investigates-claims-of-securities-fraud-against-ebang-international-holdings-inc\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ademi-llp-investigates-claims-of-securities-fraud-against-ebang-international-holdings-inc\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Ademi LLP Investigates Claims of Securities Fraud against Ebang International Holdings Inc.\",\"datePublished\":\"2021-04-07T09:06:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ademi-llp-investigates-claims-of-securities-fraud-against-ebang-international-holdings-inc\\\/\"},\"wordCount\":237,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ademi-llp-investigates-claims-of-securities-fraud-against-ebang-international-holdings-inc\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=CG34628&sd=2021-04-07\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ademi-llp-investigates-claims-of-securities-fraud-against-ebang-international-holdings-inc\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ademi-llp-investigates-claims-of-securities-fraud-against-ebang-international-holdings-inc\\\/\",\"name\":\"Ademi LLP Investigates Claims of Securities Fraud against Ebang International Holdings Inc. - 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