ROSEN, GLOBAL INVESTOR COUNSEL, Announces Investigation of Securities Claims Against iQIYI, Inc. – IQ
iQIYI, Inc. - American Depositary Shares (IQ)
Last iqiyi, inc. - american depositary shares earnings: 2/27 04:30 pm
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Source: GlobeNewswire
NEW YORK, April 15, 2020 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of iQIYI, Inc. (NASDAQ: IQ) resulting from allegations that iQIYI may have issued materially misleading business information to the investing public. On April 7, 2020, Wolfpack Research released a report alleging that “IQ was committing fraud well before its IPO in 2018 and has continued to do so ever since.” Wolfpack estimates that iQIYI inflated its 2019 revenue by approximately RMB 8-13 billion, or 27%-44%, by overstating its user numbers by approximately 42%-60. On this news, iQIYI ADSs fell $0.99 per share over the rest of the trading day and the next full trading day, or over 5%, to close at $16.51 per share on April 8, 2020, damaging investors. Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by iQIYI investors. If you purchased shares of iQIYI please visit the firm’s
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IQ
Earnings
- 11/18/25 - Miss
IQ
Sec Filings
- 12/5/25 - Form SCHEDULE
- 12/3/25 - Form 6-K
- 11/18/25 - Form 6-K
- IQ's page on the SEC website