Labaton Sucharow Investigating NIO Inc. – NIO
08/17/2022 - 12:00 PM
NEW YORK, NY / ACCESSWIRE / August 17, 2022 / Labaton Sucharow, a nationally ranked and award-winning shareholder rights law firm, announces that it is investigating NIO Inc. ("NIO" or the "Company") (NYSE:NIO) for potential violations of the federal securities laws.
On Monday, July 11, 2022, NIO announced that following its previous statement in response to the allegations made in a report issued by the short-seller firm Grizzly Research LLC on June 28, 2022 (the "Short Seller Report"), the Company's board of directors (the "Board"), including the audit committee of the Board, after having reviewed the allegations, has decided to form an independent committee (the "Independent Committee") to oversee an independent investigation regarding the allegations made in the Short Seller Report (the "Independent Investigation").
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If you want to receive additional information and protect your investments free of charge, please contact David J. Schwartz using the toll-free number (800) 321-0476 or via email at david@labaton.com .
About the Firm
Labaton Sucharow LLP is one of the world's leading complex litigation firms representing clients in securities, corporate governance and shareholder rights, consumer, and cybersecurity and data privacy litigation, as well as whistleblower representation. Labaton Sucharow has been recognized for its excellence by the courts and peers, and it is consistently ranked in leading industry publications. Offices are located in New York, NY, Wilmington, DE, and Washington, D.C. More information about Labaton Sucharow is available at labaton.com .
Contacts:
David J. Schwartzdavid@labaton.com
SOURCE: Labaton Sucharow LLP
https://www.accesswire.com/712507/Labaton-Sucharow-Investigating-NIO-Inc-NIO
NIO Rankings
#3511 Ranked by Stock Gains
NIO Stock Data
Industry
Automobile Manufacturing
Sector
Manufacturing
Tags
Consumer Durables, Motor Vehicles, Manufacturing, Automobile Manufacturing
Country
China (Mainland)
City
Shanghai
About NIO
hello, we’re nio. the automotive industry is on the cusp of a profound change. our goal is to lead the way into the future with smart, electric and autonomous vehicles. our aspiration is make life better for millions of people around the world. our vision is to give people more time, to be everything they want to be. we are confident that we will be the first to deliver the next generation experiences in the car of the future. people demand a personalized experience with mobility, just as they have in every other aspect of their life. we believe that your car will be the smartest device you own and we are designing for the best user experience from the wheels up. our vision is a seamless experience between home, work and travel. autonomous cars will be your safe, living space. we are committed to bring you this reality. our goal is for your car experience to exceed expectations. nio will be a part of leading to a more sustainable tomorrow. want to be a part of this? join us!
