NEW YORK, Oct. 14, 2022 (GLOBE NEWSWIRE) — Attorney Advertising — Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following public companies. You can see a copy of the complaints by visiting the links below or you can contact Peretz Bronstein, Esq. or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you have suffered damage, you can request that the court appoint you as lead plaintiff. Your ability to participate in a recovery does not require you to serve as lead plaintiff. A lead plaintiff acts on behalf of all other group members in conducting the litigation. The lead plaintiff can select a law firm of his choice. An investor’s ability to participate in a potential future recovery is not contingent on its serving as lead plaintiff.

NIO Inc. NEVER
school lesson: March 1, 2021 – July 11, 2022
Meeting: October 24, 2022
For more information: www.bgandg.com/nio.
The Complaint alleges that the Defendants made false and/or misleading statements and/or failed to disclose material adverse facts about the Company’s operations and prospects during the Class Period. Specifically, the defendants failed to disclose to investors: (1) NIO generated revenue from the sale of batteries to a related party that owned the batteries and managed users’ subscriptions; (2) through the related party, NIO has also realized tremendous depreciation savings; (3) as a result of the foregoing, the Company’s earnings and net loss have been overstated; and (4) as a result of the foregoing, defendants’ positive statements about the Company’s business, operations and prospects were materially misleading and/or lacked any reasonable basis.

Ding Dong (Cayman) LTD DDL
school lesson: Dingdong American Depositary Shares (“ADS”) pursuant to and/or traceable to the Company’s IPO on or about June 28, 2021
Meeting: October 24, 2022
For more information: www.bgandg.com/ddl.
The complaint alleges that…