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CLASS ACTION UPDATE for YY, QIWI and TCDA: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

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·3 min read
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NEW YORK, NY / ACCESSWIRE / January 15, 2021 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.

YY Shareholders Click Here: https://www.zlk.com/pslra-1/joyy-inc-loss-submission-form?prid=12193&wire=1
QIWI Shareholders Click Here: https://www.zlk.com/pslra-1/qiwi-plc-information-request-form?prid=12193&wire=1
TCDA Shareholders Click Here: https://www.zlk.com/pslra-1/tricida-inc-loss-submission-form?prid=12193&wire=1

* ADDITIONAL INFORMATION BELOW *

Joyy Inc. (NASDAQ:YY)

YY Lawsuit on behalf of: investors who purchased April 28, 2016 - November 18, 2020
Lead Plaintiff Deadline : January 19, 2021
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/joyy-inc-loss-submission-form?prid=12193&wire=1

According to the filed complaint, during the class period, Joyy Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) JOYY dramatically overstated its revenues from live streaming sources; (2) The majority of users at any given time were bots; (2) the Company utilized these bots to effect a roundtripping scheme that Manufactured the false appearance of revenues; (3) the Company overstated its cash reserves; (4) the Company's acquisition of Bigo was largely contrived to benefit corporate insiders; and (5) as a result, Defendants' public statements were materially false and/or Misleading at all relevant times.

Qiwi plc (NASDAQ:QIWI)

QIWI Lawsuit on behalf of: investors who purchased March 28, 2019 - December 9, 2020
Lead Plaintiff Deadline : February 9, 2021
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/qiwi-plc-information-request-form?prid=12193&wire=1

According to the filed complaint, during the class period, Qiwi plc made materially false and/or misleading statements and/or failed to disclose that: (1) Qiwi's internal controls related to reporting and record-keeping were ineffective; (2) consequently, the Central Bank of Russia would impose a monetary fine upon the Company and impose restrictions upon the Company's ability to make payments to foreign merchants and transfer money to pre-paid cards; and (3) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.

Tricida, Inc. (NASDAQ:TCDA)

TCDA Lawsuit on behalf of: investors who purchased September 4, 2019 - October 28, 2020
Lead Plaintiff Deadline : March 8, 2021
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/tricida-inc-loss-submission-form?prid=12193&wire=1

According to the filed complaint, during the class period, Tricida, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Tricida's NDA for veverimer was materially deficient; (ii) accordingly, it was foreseeably likely that the FDA would not accept the NDA for veverimer; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

You have until the lead plaintiff deadlines to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP



View source version on accesswire.com:
https://www.accesswire.com/624486/CLASS-ACTION-UPDATE-for-YY-QIWI-and-TCDA-Levi-Korsinsky-LLP-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders