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NASDAQ: IDEX Investor Notice: Lawsuit against Ideanomics, Inc. announced by Shareholders Foundation

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SAN DIEGO, Dec. 15, 2020 (GLOBE NEWSWIRE) -- Shareholders Foundation, Inc. announces that a lawsuit was filed for certain investors in NASDAQ: IDEX shares.

Investors, who purchased shares of Ideanomics, Inc. (NASDAQ: IDEX), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

On June 28, 2020, a lawsuit was filed against Ideanomics, Inc over alleged Securities Laws Violations. The plaintiff alleges that the defendants made false and/or misleading statements and/or failed to disclose that Ideanomics' MEG Center in Qingdao was not "a one million square foot EV expo center", that the Company had been using doctored or altered photographs of the purported MEG Center in Qingdao, that the Company's electric vehicle business in China was not performing nearly as strong as Ideanomics had represented, and that as a result, the Company's public statements were materially false and misleading at all relevant times.

Those who purchased Ideanomics, Inc. (NASDAQ: IDEX) shares should contact the Shareholders Foundation, Inc.

Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.