Qiwi plc

Securities Fraud Class Action Against Qiwi plc

To help shareholders recover losses due to violations of the federal securities laws between November 14, 2018 and December 9, 2020 (“Class Period”), Freedman Normand Friedland LLP is actively litigating In re Qiwi plc Securities Litigation, No. 1:20-cv-06054-RPK-CLP, against Defendants Qiwi plc (“Qiwi”) and certain corporate insiders.

Qiwi purports to be a leading provider of next generation payment and financial services in Russia and the Commonwealth of Independent States. The complaint alleges that Defendants made false and misleading statements during the Class Period relating to the Company’s reporting, record-keeping, and regulatory compliance. As a result, Qiwi’s stock traded at artificially inflated prices throughout the Class Period. But when the truth was revealed, the stock price crashed – causing shareholders to lose money.

Relevant Filings:

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If you purchased Qiwi stock between November 14, 2018 and December 9, 2020, and would like us to evaluate your claim and/or for more information about the lawsuit, please submit your information.