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Rudani v. Ideanomics, Inc. et al
Case Number:
1:19-cv-06741
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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January 25, 2022
Ideanomics To Pay $5M To End Investors' Securities Suit
Ideanomics will pay $5 million to a class of investors who accused the financial technology company of exaggerating revenue reports, after a New York federal judge gave final approval to the settlement deal on Tuesday.
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April 02, 2020
Ideanomics Says Investors 'Fishing For Facts' In Latest Filing
Financial technology company Ideanomics Inc. defended its bid to toss a securities fraud suit Wednesday, telling a New York federal court that their investors' attempt to strike supporting evidence was merely a "cynical ploy" to get discovery they're not entitled to.
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March 03, 2020
Ideanomics Investors Say Execs Are To Blame For Stock Drop
Investors in financial technology company Ideanomics have urged a New York federal court not to toss a proposed stock drop class action, saying the company and its executives are wrong in claiming their actions were protected by federal securities law.
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October 08, 2019
Faruqi & Faruqi To Lead Ideanomics Investor Suit
Faruqi & Faruqi LLP nabbed the role of lead counsel in New York federal court Monday for a proposed securities class action accusing financial technology company Ideanomics of concealing infrastructure costs that ultimately damaged its financial performance.
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September 18, 2019
Rosen, Pomerantz, 2 Others Seek Lead In Fintech Investor Suit
Four firms fought for the role of lead counsel in New York federal court Tuesday in a proposed securities class action that claims financial technology company Ideanomics Inc. hid infrastructure costs that hurt its financial performance from investors.
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July 22, 2019
Investor Sues Fintech Co. Ideanomics Over Stock Drop
Financial technology company Ideanomics was slapped with a proposed securities class action Friday in New York federal court, accusing the company of failing to disclose issues impacting its fiscal year performance that sent its stock plummeting once revealed.