{"id":689541,"date":"2022-09-28T05:48:56","date_gmt":"2022-09-28T09:48:56","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-nio-inc-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-24-2022-nyse-nio-3\/"},"modified":"2022-09-28T05:48:56","modified_gmt":"2022-09-28T09:48:56","slug":"shareholder-alert-the-gross-law-firm-notifies-shareholders-of-nio-inc-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-24-2022-nyse-nio-3","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-nio-inc-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-24-2022-nyse-nio-3\/","title":{"rendered":"SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of NIO Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of October 24, 2022 – (NYSE: NIO)"},"content":{"rendered":"
\n

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

\n

\n
\n NEW YORK<\/span>
\n <\/span>, Sept. 28, 2022<\/span><\/span> \/PRNewswire\/ — The Gross Law Firm issues the following notice to shareholders of NIO Inc..<\/b><\/p>\n

Shareholders who purchased shares of NIO during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.<\/p>\n

CONTACT US HERE:<\/p>\n

\n https:\/\/securitiesclasslaw.com\/securities\/nio-inc-loss-submission-form\/?id=32109&from=4<\/a>\n <\/p>\n

\n CLASS PERIOD: <\/b>
\n August 20, 2020<\/span> to July 11, 2022<\/span><\/p>\n

\n ALLEGATIONS: <\/b>The complaint alleges that during the class period, Defendants issued materially false and\/or misleading statements and\/or failed to disclose that: (1) NIO pulled forward revenue by selling batteries to a related party, which owned the batteries and managed users’ subscriptions; (2) through the related party, NIO also recognized enormous depreciation savings; (3) as a result of the foregoing, the Company’s revenue and net loss were overstated; and (4) as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis.<\/p>\n

\n DEADLINE: October 24, 2022<\/span><\/b> Shareholders should not delay in registering for this class action. Register your information here: https:\/\/securitiesclasslaw.com\/securities\/nio-inc-loss-submission-form\/?id=32109&from=4<\/a><\/p>\n

\n NEXT STEPS FOR SHAREHOLDERS: <\/b>Once you register as a shareholder who purchased shares of NIO during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is October 24, 2022<\/span>. There is no cost or obligation to you to participate in this case.<\/p>\n

\n WHY GROSS LAW FIRM? <\/b>The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and\/or misleading statements or the omission of material information by a company lead to artificial inflation of the company’s stock. Attorney advertising. Prior results do not guarantee similar outcomes.<\/p>\n

\n CONTACT:<\/b>
\n
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY<\/span>, 10018
Email: dg@securitiesclasslaw.com<\/a>
Phone: (646) 453-8903<\/p>\n

\n \"Cision\" View original content:https:\/\/www.prnewswire.com\/news-releases\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-nio-inc-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-24-2022–nyse-nio-301632270.html<\/a><\/p>\n

SOURCE The Gross Law Firm<\/p>\n<\/p><\/div>\n

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

PR Newswire NEW YORK , Sept. 28, 2022 \/PRNewswire\/ — The Gross Law Firm issues the following notice to shareholders of NIO Inc.. Shareholders who purchased shares of NIO during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https:\/\/securitiesclasslaw.com\/securities\/nio-inc-loss-submission-form\/?id=32109&from=4 CLASS PERIOD: August 20, 2020 to July 11, 2022 ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and\/or misleading statements and\/or failed to disclose that: (1) NIO pulled forward revenue by selling batteries to a related party, which owned the batteries and managed users’ subscriptions; (2) through the related party, NIO also recognized enormous … <\/p>\n

Continue reading “SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of NIO Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of October 24, 2022 – (NYSE: NIO)”<\/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-689541","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nSHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of NIO Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of October 24, 2022 - (NYSE: NIO) - 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\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-nio-inc-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-24-2022-nyse-nio-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of NIO Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of October 24, 2022 - (NYSE: NIO) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK , Sept. 28, 2022 \/PRNewswire\/ — The Gross Law Firm issues the following notice to shareholders of NIO Inc.. Shareholders who purchased shares of NIO during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https:\/\/securitiesclasslaw.com\/securities\/nio-inc-loss-submission-form\/?id=32109&from=4 CLASS PERIOD: August 20, 2020 to July 11, 2022 ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and\/or misleading statements and\/or failed to disclose that: (1) NIO pulled forward revenue by selling batteries to a related party, which owned the batteries and managed users’ subscriptions; (2) through the related party, NIO also recognized enormous … Continue reading "SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of NIO Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of October 24, 2022 – (NYSE: NIO)"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-nio-inc-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-24-2022-nyse-nio-3\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-28T09:48:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY82830&sd=2022-09-28\" \/>\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\\\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-nio-inc-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-24-2022-nyse-nio-3\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-nio-inc-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-24-2022-nyse-nio-3\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of NIO Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of October 24, 2022 – (NYSE: NIO)\",\"datePublished\":\"2022-09-28T09:48:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-nio-inc-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-24-2022-nyse-nio-3\\\/\"},\"wordCount\":416,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-nio-inc-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-24-2022-nyse-nio-3\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=NY82830&sd=2022-09-28\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-nio-inc-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-24-2022-nyse-nio-3\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-nio-inc-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-24-2022-nyse-nio-3\\\/\",\"name\":\"SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of NIO Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of October 24, 2022 - 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Shareholders who purchased shares of NIO during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https:\/\/securitiesclasslaw.com\/securities\/nio-inc-loss-submission-form\/?id=32109&from=4 CLASS PERIOD: August 20, 2020 to July 11, 2022 ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and\/or misleading statements and\/or failed to disclose that: (1) NIO pulled forward revenue by selling batteries to a related party, which owned the batteries and managed users’ subscriptions; (2) through the related party, NIO also recognized enormous … Continue reading \"SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of NIO Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of October 24, 2022 – (NYSE: NIO)\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-nio-inc-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-24-2022-nyse-nio-3\/","og_site_name":"Market Newsdesk","article_published_time":"2022-09-28T09:48:56+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY82830&sd=2022-09-28","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\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-nio-inc-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-24-2022-nyse-nio-3\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-nio-inc-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-24-2022-nyse-nio-3\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of NIO Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of October 24, 2022 – (NYSE: NIO)","datePublished":"2022-09-28T09:48:56+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-nio-inc-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-24-2022-nyse-nio-3\/"},"wordCount":416,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-nio-inc-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-24-2022-nyse-nio-3\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY82830&sd=2022-09-28","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-nio-inc-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-24-2022-nyse-nio-3\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-nio-inc-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-24-2022-nyse-nio-3\/","name":"SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of NIO Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of October 24, 2022 - 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