{"id":520154,"date":"2021-07-29T14:07:42","date_gmt":"2021-07-29T18:07:42","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/didi-global-inc-investors-with-losses-greater-than-100000-encouraged-to-contact-kehoe-law-firm-p-c-class-action-filed-on-behalf-of-didi-global-investors\/"},"modified":"2021-07-29T14:07:42","modified_gmt":"2021-07-29T18:07:42","slug":"didi-global-inc-investors-with-losses-greater-than-100000-encouraged-to-contact-kehoe-law-firm-p-c-class-action-filed-on-behalf-of-didi-global-investors","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/didi-global-inc-investors-with-losses-greater-than-100000-encouraged-to-contact-kehoe-law-firm-p-c-class-action-filed-on-behalf-of-didi-global-investors\/","title":{"rendered":"DiDi Global Inc. Investors With Losses Greater Than $100,000 Encouraged To Contact Kehoe Law Firm, P.C. \u2013 Class Action Filed On Behalf of DiDi Global Investors"},"content":{"rendered":"
\n

PHILADELPHIA, July 29, 2021 (GLOBE NEWSWIRE) — Kehoe Law Firm, P.C. is investigating potential securities claims on behalf of investors<\/a> of DiDi Global Inc. (\u201cDiDi\u201d <\/strong>or the \u201cCompany\u201d) (<\/strong>NYSE: DIDI<\/strong><\/a>) <\/strong>to determine whether DiDi engaged in securities fraud or other unlawful business practices.<\/p>\n

\n A class action lawsuit has been filed in United States District Court, Central District of California, on behalf of DiDi investors who purchased, or otherwise acquired, the securities of DiDi <\/strong>
\n
\n pursuant and\/or traceable to the registration statement and related prospectus (collectively, the \u201cRegistration Statement\u201d) issued in connection with DiDi\u2019s June 30, 2021 initial public offering\u00a0<\/u>
\n <\/strong>
\n
\n (\u201cIPO\u201d or \u201cOffering\u201d); and\/or (2) between June 30, 2021 and July 21, 2021, inclusive (the \u201cClass Period\u201d).<\/u>
\n <\/strong>\n <\/p>\n

According to the class action complaint, the DiDi Defendants made materially false and\/or misleading statements, because they misrepresented and failed to disclose adverse facts pertaining to the Company\u2019s business, operations and prospects, which were known to Defendants, or recklessly disregarded by them.<\/p>\n

Specifically, according to the complaint, the Registration Statement was false and\/or misleading and\/or failed to disclose that (1) the Cyberspace Administration of China (\u201cCAC\u201d) urged Defendant DiDi to delay its IPO; (2) Defendant DiDi \u201chad the problem of collecting personal information in violation of relevant PRC laws and regulations\u201d; (3) Defendant DiDi could not guarantee data security; (4) due to the foregoing, Defendant DiDi would face \u201cserious, perhaps unprecedented, penalties\u201d from relevant authorities; (5) DiDi and its many apps would face an imminent cybersecurity review by the CAC, which could lead to removal of DiDi\u2019s apps from app stores; and (6) as a result, the DiDi Defendants\u2019 statements about the Company\u2019s business, operations, and prospects were materially false and misleading and\/or lacked a reasonable basis at all relevant times.<\/p>\n

\n INVESTORS WHO PURCHASED, OR OTHERWISE ACQUIRED, DIDI SECURITIES IN CONNECTION WITH THE COMPANY\u2019S IPO AND\/OR DURING THE CLASS PERIOD AND SUFFERED LOSSES GREATER THAN $100,000 ARE ENCOURAGED TO COMPLETE KEHOE LAW FIRM\u2019S <\/strong>
\n
\n SECURITIES CLASS ACTION QUESTIONNAIRE<\/strong>
\n <\/a>
\n OR CONTACT MICHAEL YARNOFF, ESQ., <\/strong>
\n
\n MYARNOFF@KEHOELAWFIRM.COM<\/strong>
\n <\/a>
\n , <\/strong>
\n
\n INFO@KEHOELAWFIRM.COM<\/strong>
\n <\/a>
\n , TO DISCUSS THE\u00a0<\/strong>
\n SECURITIES <\/strong>
\n
\n CLASS ACTION INVESTIGATION OR POTENTIAL LEGAL CLAIMS. <\/strong>
\n <\/a>\n <\/p>\n

\n Kehoe Law Firm, P.C.<\/a>, with offices in New York and Philadelphia, is a multidisciplinary, plaintiff\u2013side law firm dedicated to protecting investors from securities fraud, breaches of fiduciary duties, and corporate misconduct.\u00a0 Combined, the partners at Kehoe Law Firm have served as Lead Counsel or Co-Lead Counsel in cases that have recovered more than $10 billion on behalf of institutional and individual investors.\u00a0\u00a0\u00a0<\/p>\n

This press release may constitute attorney advertising.<\/p>\n

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

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

PHILADELPHIA, July 29, 2021 (GLOBE NEWSWIRE) — Kehoe Law Firm, P.C. is investigating potential securities claims on behalf of investors of DiDi Global Inc. (\u201cDiDi\u201d or the \u201cCompany\u201d) (NYSE: DIDI) to determine whether DiDi engaged in securities fraud or other unlawful business practices. A class action lawsuit has been filed in United States District Court, Central District of California, on behalf of DiDi investors who purchased, or otherwise acquired, the securities of DiDi pursuant and\/or traceable to the registration statement and related prospectus (collectively, the \u201cRegistration Statement\u201d) issued in connection with DiDi\u2019s June 30, 2021 initial public offering\u00a0 (\u201cIPO\u201d or \u201cOffering\u201d); and\/or (2) between June 30, 2021 and July 21, 2021, inclusive (the \u201cClass Period\u201d). According to the class action … <\/p>\n

Continue reading “DiDi Global Inc. Investors With Losses Greater Than $100,000 Encouraged To Contact Kehoe Law Firm, P.C. \u2013 Class Action Filed On Behalf of DiDi Global Investors”<\/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-520154","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nDiDi Global Inc. Investors With Losses Greater Than $100,000 Encouraged To Contact Kehoe Law Firm, P.C. \u2013 Class Action Filed On Behalf of DiDi Global Investors - 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\/didi-global-inc-investors-with-losses-greater-than-100000-encouraged-to-contact-kehoe-law-firm-p-c-class-action-filed-on-behalf-of-didi-global-investors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DiDi Global Inc. 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A class action lawsuit has been filed in United States District Court, Central District of California, on behalf of DiDi investors who purchased, or otherwise acquired, the securities of DiDi pursuant and\/or traceable to the registration statement and related prospectus (collectively, the \u201cRegistration Statement\u201d) issued in connection with DiDi\u2019s June 30, 2021 initial public offering\u00a0 (\u201cIPO\u201d or \u201cOffering\u201d); and\/or (2) between June 30, 2021 and July 21, 2021, inclusive (the \u201cClass Period\u201d). According to the class action … Continue reading "DiDi Global Inc. 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