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Pomerantz investigates Yiren Digital for alleged securities fraud after sharp revenue drop and CEO criminal probe.

Market News
28 Oct 2026, 00:31 WIB
GlobeNewsWire
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Bearish
Pomerantz investigates Yiren Digital for alleged securities fraud after sharp revenue drop and CEO criminal probe.

Pomerantz LLP is investigating Yiren Digital Ltd. for potential securities fraud following the company's Q4 2025 financial results, which showed a 34% revenue decline and a significant net loss. The company also revealed increased delinquency rates and contingent liabilities, causing its stock to drop sharply. Additionally, Yiren's CEO Ning Tang is under criminal investigation related to affiliates of the controlling shareholder, further impacting investor confidence. The investigation aims to protect investors who suffered losses amid these developments.

For readers following Yiren Digital Ltd., here is Pluang's market snapshot as of Oct 28, 2026 03:12 WIB: Among 142 priced Financials-sector US stocks, 78 rose and 63 fell today. Prospect Capital Corporation (PSEC) gained 4.36% to USD 1.55 with 100% buy orders, Affirm Holdings Inc (AFRM) rose 4.20% to USD 72.41, while Western Union Co (WU) dropped 4.19% to USD 5.95 with 98% buy orders.

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