World News: 20:00 GMT Friday 15th March 2019. [Wolf Haldenstein Adler Freeman & Herz LLP via Globe Newswire via SPi World News]
NEW YORK, March 15, 2019 (GLOBE NEWSWIRE) -- announces that a federal securities class action lawsuit has been filed against NIO Inc. (“NIO” or the “Company”) (NYSE: NIO) in the United States District Court for the Eastern District of New York on behalf of those who purchased or acquired the American Depositary Receipts (ADRs) of NIO between September 12, 2018 and March 5, 2019, inclusive (the “Class Period”).
If you have incurred losses in the ADRs of NIO Inc., request that the Court appoint you lead plaintiff of the proposed class. Please contact to learn more about your rights as an investor in
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The filed Complaint alleges Defendants made false and/or misleading statements and/or failed to disclose that:
On March 6, 2019, NIO’s ADRs declined from a closing price on March 5, 2019 of$10.19 per ADR to close at $8.01 per ADR, a decline of $2.01 per ADR or over 21%.
On March 7, 2019, NIO's ADRs declined an additional $0.92 per ADR or over 11% to close at $7.09 per ADR.
If you wish to discuss this action or have any questions regarding your rights and interests in this case, please immediately contact by telephone at (800) 575-0735, via e-mail at , or visit our website at
Wolf Haldenstein Adler Freeman & Herz LLP Kevin Cooper, Esq.Gregory Stone, Director of Case and Financial AnalysisEmail: , or Tel: (800) 575-0735 or (212) 545-4774
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Globe Newswire: 20:00 GMT Friday 15th March 2019
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