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In re PPDAI Group Inc. Securities Litigation
Case Number:
1:18-cv-06716
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- A&O Shearman
- BurgherGray
- Levi & Korsinsky
- Miller Nash LLP
- Pomerantz LLP
- Robbins Geller
- Scott&Scott
- Skadden Arps
Companies
Sectors & Industries:
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January 27, 2022
Attys Get $3M For Repping Chinese Fintech Firm's Investors
A legal team comprising attorneys from the Rosen Law Firm PA, Robbins Geller Rudman & Dowd LLP and Scott+Scott Attorneys at Law LLP will receive a $3 million fee for representing inventors in the digital consumer finance company previously known as PPDAI Group Inc., a federal magistrate judge in New York determined.
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June 14, 2021
Chinese Lender, Investors Reach $9M Deal Over IPO Claims
Chinese peer-to-peer lender PPDAI Group Inc. and its investors have reached a $9 million agreement to settle state and federal shareholder litigation accusing the company of hiding predatory lending practices from prospective investors.
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November 27, 2018
Chinese Lender Investor Cries Foul Over Alleged IPO Lies
A shareholder for Chinese peer-to-peer lender PPDAI Group Inc. launched a proposed class action in New York federal court Monday, alleging the company concealed predatory lending practices from prospective investors, ultimately resulting in significant losses in value for the company's stock.