Recent Security Class Actions

NIO Inc. American depositary shares each representing one Class A ordinary share (NYSE: NIO)

25 Days left to seek lead plaintiff status.

Company Name:NIO Inc. American depositary shares each representing one Class A ordinary share
Stock Symbol:NYSE: NIO
Class Period Start:08/20/2020
Class Period End (inclusive):07/11/2022
Filing Deadline:10/24/2022

The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, the Complaint alleges Defendants failed to disclose to investors: (1) that NIO pulled forward revenue by selling batteries to a related party, which owned the batteries and managed users’ subscriptions; (2) that, through the related party, NIO also recognized enormous depreciation savings; (3) that, as a result of the foregoing, the Company’s revenue and net loss were overstated; and (4) 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.

NIO Inc. American depositary shares each representing one Class A ordinary share (NYSE: NIO) Claim Form

Name(Required)
Address
Consent(Required)
This field is for validation purposes and should be left unchanged.