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Alexandru Lefter v. Yirendai Ltd. et al
Case Number:
2:16-cv-06437
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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June 19, 2017
Chinese P2P Lender Yirendai Beats Investor Suit, For Now
A California federal judge on Monday dismissed a securities fraud suit brought against Chinese peer-to-peer lending company Yirendai Ltd., giving leave to amend while warning the investors to tell him if "you've taken your best shot."
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April 28, 2017
US Investors In Chinese Online Lender Fight To Preserve Suit
Shareholders in Chinese peer-to-peer lending company Yirendai Ltd. asked a California federal judge on Thursday to keep their securities fraud suit against the company and its executives alive, saying their request to dismiss the case rested on mischaracterizations and factual arguments the court couldn't consider.
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March 29, 2017
Chinese Lender Says It Didn't Gloss Over Regulation Risks
Peer-to-peer lender Yirendai Ltd. urged a California federal court on Tuesday to toss a shareholder suit alleging it glossed over risks from the Chinese government's crackdown on online lending fraud, saying investors' "dire predictions" of revenue loss from the new regulations were never actualized.
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August 29, 2016
Chinese Online Lender Hit With Suit Over Stock Drop
Shareholders allege that peer-to-peer lender Yirendai Ltd. cost them huge losses by failing to disclose how a crackdown on online lending fraud by the Chinese government could impact the business, causing shares to plunge, according to a proposed class action lawsuit filed in California federal court Friday.