IN RE IDEANOMICS, INC. DERIVATIVE LITIGATION

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Case overview

Case Number:

1:20-cv-05333

Court:

New York Southern

Nature of Suit:

Stockholders Suits

Multi Party Litigation:

Derivative Litigation, Class Action

Judge:

George B. Daniels

Firms

  1. December 13, 2021

    Ideanomics Agrees To Governance Reforms After Investor Suit

    Ideanomics investors have reached a non-monetary settlement with the financial technology company's directors that will resolve claims of mismanagement and breach of fiduciary duty, they told a New York federal judge Monday.

  2. July 13, 2020

    Ideanomics Investors Sue Over 'Shifty' Biz, Stock Drops

    Financial technology company Ideanomics was hit with a shareholder derivative suit filed in New York federal court Friday, alleging executives knew the company ran a "shifty business model" that resulted in stock prices dropping several times over a few years.