Glancy Prongay & Murray LLP Announces Investigation on Behalf of Uxin Limited Investors

Business Wire 10-Dec-2018 5:00 PM

Glancy Prongay & Murray LLP ("GPM") announces an investigation on behalf of Uxin Limited ("Uxin" or the "Company") (NASDAQ: UXIN) investors concerning the Company and its officers' possible violations of federal securities laws.

If you are a shareholder who suffered a loss, click here to participate.

On November 19, 2018, the Company reported that transaction volume for one of its business segments had declined 8.5% year-over-year and gross merchandise value had declined 14.8% due to its "recent change of approach in serving customers with car-selling needs."

On this news, the Company's ADS price fell $0.60 per share, or more than 11%, to close at $4.50 per share on November 20, 2018, thereby injuring investors.

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If you purchased Uxin, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

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