An investigation on behalf of current long term investors in DiDi Global Inc. (NYSE:DIDI) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 10/28/2021 -- An investigation was announced concerning potential breaches of fiduciary duties by certain directors of DiDi Global Inc.
Investors who are current long term investors in DiDi Global Inc. (NYSE: DIDI) shares, have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NYSE: DIDI stocks follows a lawsuit filed against DiDi Global Inc.over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: DIDI stocks, concerns whether certain DiDi Global directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the Southern District of New York the plaintiff alleges that the defendants failed to disclose to investors that DiDi's apps did not comply with applicable laws and regulations governing privacy protection and the collection of personal information, that, as a result, the Company was reasonably likely to incur scrutiny from the Cyberspace Administration of China, that the Cyberspace Administration of China had already warned DiDi to delay its IPO to conduct a self-examination of its network security, that, as a result of the foregoing, DiDi's apps were reasonably likely to be taken down from app stores in China, which would have an adverse effect on its financial results and operations, and that, 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.
Those who purchased shares of DiDi Global Inc. (NYSE: DIDI) have certain options and should contact the Shareholders Foundation.
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