in Newswire March 15, 2019

Class Action Claims Chinese Electric Car Company NIO Lied to Investors

by Erin Gilmore

Last Updated on March 15, 2019

Tan v. Nio Inc. et al

Filed: March 12, 2019 § 1:19cv1424

In a proposed class action lawsuit out of New York federal court, a NIO Inc. shareholder alleges the electric car maker and its CEO and CFO deceived investors by misrepresenting the company’s business prospects and financial health.

Defendant(s)

NIO Inc.

State(s)

New York

Last Updated on March 15, 2019 — 3:03 PM

Erin Gilmore

erin@classaction.org

Erin works primarily on ClassAction.org’s newswire, reporting on cases as they happen. She is an honest writer, a faithful friend, and a mediocre bassist.

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