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Kandi Technologies Group, Inc. (KNDI)

(NASDAQ:KNDI)

Summary

Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses In Excess Of $100,000 Investing In Kandi Technologies Group, Inc. To Contact The Firm

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at Kandi Technologies Group, Inc. (“Kandi” or the “Company”) (NASDAQ:KNDI).

The investigation focuses on whether the Company and its executives violated federal securities laws.

Specifically, after market close on March 13, 2017, Kandi filed a Form 8-K with the Securities and Exchange Commission disclosing that “the Company’s management identified certain areas in the Company’s previously issued financial statements for the years ended December 31, 2015 and 2014, and the first three quarters for the year ended December 31, 2016, that require adjustment…” Additionally, the Company stated that the aforementioned financial statements “should no longer be relied upon.” On this news, shares of Kandi significantly declined during intraday trading on March 14, 2017, causing harm to investors.

Take Action

If you invested in Kandi stock or options and would like to discuss your legal rights, you can contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to rgonnello@faruqilaw.com.  Faruqi & Faruqi, LLP also encourages anyone with information regarding Kandi’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

Request Information

Please tell us about yourself by completing the form and we will provide you with additional
information on how to join the Class Action at no cost to you.

  • Case:
    Kandi Technologies Group, Inc. (KNDI)
  •    

* The submission of this form does not create an attorney-client relationship.

Contact Counsel

Richard W. Gonnello
Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330

Email:

Case Details

Date:

  • 03/14/2017

Send Information

If you have information regarding this case that you would like to make available, please click here to contact us about our investigation.