CLASS ACTION UPDATE for WRCDF, BIDU and AEP: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

In This Article:

NEW YORK, NY / ACCESSWIRE / August 23, 2020 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.

WRCDF Shareholders Click Here: https://www.zlk.com/pslra-1/wirecard-ag-loss-submission-form?prid=8755&wire=1
BIDU Shareholders Click Here: https://www.zlk.com/pslra-1/baidu-inc-information-request-form-2?prid=8755&wire=1
AEP Shareholders Click Here: https://www.zlk.com/pslra-1/american-electric-power-company-inc-information-request-form?prid=8755&wire=1

* ADDITIONAL INFORMATION BELOW *

Wirecard AG (OTC PINK:WRCDF)

WRCDF Lawsuit on behalf of: investors who purchased August 17, 2015 - June 24, 2020
Lead Plaintiff Deadline : September 8, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/wirecard-ag-loss-submission-form?prid=8755&wire=1

According to the filed complaint, during the class period, Wirecard AG made materially false and/or misleading statements and/or failed to disclose that: (1) Wirecard overstated its cash balances during the Class Period, falsely claiming €1.9 billion of cash in a trust account that was missing; (2) Wirecard overstated its financial results during the Class Period, including revenue and EBITDA; (3) Wirecard did not have adequate risk management or countermeasures; (4) the Company's external auditor failed to audit Wirecard in accordance with applicable auditing principles; and (5) as a result, Defendants' statements about Wirecard's business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Baidu, Inc. (NASDAQ:BIDU)

BIDU Lawsuit on behalf of: investors who purchased April 8, 2016 - August 13, 2020
Lead Plaintiff Deadline : October 19, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/baidu-inc-information-request-form-2?prid=8755&wire=1

According to the filed complaint, during the class period, Baidu, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Baidu misrepresented the financial and business condition of iQIYI; (2) iQIYI had inadequate controls; and (3) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.

American Electric Power Company, Inc. (NYSE:AEP)

AEP Lawsuit on behalf of: investors who purchased November 2, 2016 - July 24, 2020
Lead Plaintiff Deadline : October 19, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/american-electric-power-company-inc-information-request-form?prid=8755&wire=1