WeTrade disclosed that the third quarter financial statements released by WeTrade Group were not signed and released by the current management of the company. “According to the financial report, as of September 30, 2023, there were no legal proceedings.However, in July 2023, there were still legal lawsuits filed by the company regarding contract disputes, which were also presented in Chinese Qichacha.And meanwhile,The former management, current management, and shareholders have been in multiple lawsuits since September, with the latest hearing date being December 5, 2023.” Incorrect information also includes administration address and cash amounts held, WeTrade said.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on WETG:
- WeTrade Group’s Third Quarter Financial Report Disclosed To Be Untrue
- WeTrade Group Inc trading resumes
- WeTrade Group Inc trading halted, volatility trading pause
- WeTrade: Report purporting change of offers was submitted without authorization
- WeTrade files derivative lawsuit against former officers and directors
