Kandi Technologies Group, Inc. (KNDI) Investors Reminded of May 15 Lead Plaintiff Deadline in Securities Class Action and are Encouraged to Contact Block & Leviton

BOSTON, MA / ACCESSWIRE / May 2, 2017 / Block & Leviton LLP (www.blockesq.com), a securities litigation firm representing investors nationwide, reminds shareholders of Kandi Technologies Group, Inc. (“Kandi” or the “Company”) (NASDAQ: KNDI) of pending securities lawsuit against the Company and of the May 15, 2017 lead plaintiff deadline.

If you wish to become involved in the litigation or have questions about your legal rights, please contact attorney Bradley Vettraino at (617) 398-5600, by email at bradley@blockesq.com, or by visiting www.blockesq.com/kandi. As a member of the class, you may seek to file a motion to serve as a lead plaintiff or take no action and remain an absent class member.

The class action lawsuit, brought on behalf of investors who purchased or otherwise acquired Kandi securities between May 12, 2014 through March 13, 2017, inclusive (the “Class Period”), alleges that throughout the Class Period, Kandi made materially false and/or misleading statements concerning various aspects of the Company’s financial statements for the years ended 2014, 2015, and the first three quarters of 2016.

Confidentiality to whistleblowers or others with information relevant to this investigation is assured.

Block & Leviton LLP is a Boston-based law firm representing investors nationwide. The firm’s lawyers have collectively been prosecuting securities cases on behalf of individual and institutional investors for over 50 years, and have recovered billions of dollars on their behalf. Block & Leviton’s investigations into corporate wrongdoing were recently covered by the New York Times.

The case, filed March 16, 2017, is pending in the United States District Court for the Southern District of New York, and is captioned Reichenstein v. Kandi Technologies Group, Inc., et al., No. 1:17-cv-01930.

This notice may constitute attorney advertising.

CONTACT:

Block & Leviton LLP
Bradley J. Vettraino
155 Federal Street, Suite 400
Boston, MA 02110
(617) 398-5600
bradley@blockesq.com

SOURCE: Block & Leviton LLP

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