Qudian, Investors Strike $8.5M IPO Suit Settlement Deal

By Emilie Ruscoe ( November 16, 2020, 5:18 PM EST) -- Investors in Chinese online microlender Qudian on Friday asked a Manhattan federal judge to sign off on an $8.5 million settlement deal which, if approved, would end claims that the company left out mention of an expansive auto loan project from documents related to its 2017 initial public offering....

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