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Chinese Lender Investor Cries Foul Over Alleged IPO Lies

By Matthew Guarnaccia ( November 27, 2018, 6:09 PM EST) -- A shareholder for Chinese peer-to-peer lender PPDAI Group Inc. launched a proposed class action in New York federal court Monday, alleging the company concealed predatory lending practices from prospective investors, ultimately resulting in significant losses in value for the company's stock....

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