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Stock impact report

Shareholder Alert: Robbins LLP Reminds Investors Ideanomics, Inc. (IDEX) Accused of Misleading Shareholders

Ideanomics, Inc. (IDEX) 
Company Research Source: Business Wire
SAN DIEGO & NEW YORK--(BUSINESS WIRE)--Shareholder rights law firm Robbins LLP reminds investors that a purchaser of Ideanomics, Inc. (NASDAQ: IDEX) filed a class action complaint against the Company for alleged violations of the Securities Exchange Act of 1934 between March 20, 2020 and June 25, 2020. Ideanomics focuses on monetizing the adoption of commercial electric vehicles, associated energy consumption, and developing financial services and Fintech products.If you suffered a loss as a result of Ideanomics' misconduct, click here.Ideanomics, Inc. (IDEX) Accused of Misleading Shareholders According to the complaint, in May 2020, Ideanomics touted that its Mobile Energy Global ("MEG") center "in Qingdao now hosts a full suite of car dealer services for new energy and used cars with a capacity of 18,000 vehicles onsite." Then, on June 9, 2020, Ideanomics announced that auto dealers operating in MEG have sold 2,139 vehicles for a total of $33 million. However, on June 25, 2020, Show less Read more
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