Chinese Fintech Co. Hid Pre-IPO Struggles, Investor Says

By Emilie Ruscoe ( November 26, 2019, 6:20 PM EST) -- An investor in Chinese financial tech company X Financial has launched a putative shareholder class action in New York state court accusing the company of failing to mention that its user base was shrinking and its loan delinquency rate was growing in registration statements before its 2018 initial public offering....

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