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ROSEN, NATIONALLY REGARDED INVESTOR COUNSEL, Reminds LexinFintech Holdings Ltd. Investors of Important Deadline in Securities Class Action Lawsuit First Filed by the Firm; Encourages Investors with Losses in Excess of $100K to Contact the Firm – LX

NEW YORK, Oct. 17, 2020 (GLOBE NEWSWIRE) — Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of LexinFintech Holdings Ltd. (NASDAQ:LX): (i) pursuant and/or traceable to LexinFintech’s initial public offering (“IPO”) conducted on or about December 21, 2017; and/or (ii) between December 21, 2017 and August 24, 2020, inclusive (the “Class Period”) of the important November 9, 2020 lead plaintiff deadline in the securities class action first filed by the firm. The lawsuit seeks to recover damages for LexinFintech investors under the federal securities laws.

To join the LexinFintech class action, go to http://www.rosenlegal.com/cases-register-1936.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) LexinFintech reported artificially low delinquency rates by giving borrowers in default new funds to make payments; (2) LexinFintech’s business model …

Full story available on Benzinga.com

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