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NIO Investor AlertJul 31st, 2022 8:22 EST
Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In NIO To Contact Him Directly To Discuss Their Options
New York, New York–(Newsfile Corp. – July 31, 2022) – Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against NIO, Inc. (“NIO” or the “Company”) (NYSE: NIO).
If you suffered losses exceeding $50,000 investing in NIO stock or options and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for additional information: www.faruqilaw.com/NIO.
There is no cost or obligation to you.
Faruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in New York, Pennsylvania, California and Georgia.
On Monday, July 11, 2022, NIO announced that following its previous statement in response to the allegations made in a report issued by the short-seller firm Grizzly Research LLC on June 28, 2022 (the “Short Seller Report”), the Company’s board of directors (the “Board”), including the audit committee of the Board, after having reviewed the allegations, has decided to form an independent committee (the “Independent Committee”) to oversee an independent investigation regarding the allegations made in the Short Seller Report (the “Independent Investigation”).
On this news, NIO’s share price fell by as much as 9% during intraday trading on July 11, 2022, thereby injuring investors.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/132356