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Did You Lose Money Investing in Yiren Digital Ltd.? Robbins LLP Urges Investors with Large Losses to Contact the Firm for Information About Their Rights

YRD
  • Robbins LLP filed a class action lawsuit against Yiren Digital Ltd. (NYSE: YRD) for the Class Period between April 29, 2026, and October 13, 2026.
  • The complaint alleges Yiren misled investors by failing to disclose its controlling shareholder CreditEase's severe financial distress, credit risks, legal issues, regulatory problems, and potential criminal liability.
  • CreditEase affiliates owe billions of RMB to Yiren, which are now subject to significant credit risk due to CreditEase's inability to satisfy obligations.
  • The lawsuit claims Yiren was not separate from CreditEase's affairs due to shared leadership, dependence, and relationships with defaulting affiliates.
  • Defendant Ning Tang, Yiren's Executive Chairman, CEO, and controlling shareholder, faces material legal risk including potential criminal liability arising from CreditEase's conduct.
  • The truth regarding CreditEase's issues began emerging on May 22, 2026, but was fully revealed on October 11, 2026, when media reported CreditEase admitted a substantive default 2026, insolvency, poor asset quality, and failed market-based disposal attempts.
  • On October 12, 2026, the Beijing Municipal Public Security Bureau opened a criminal investigation into CreditEase 2026, imposing criminal coercive measures on Tang 2026 2026 2026 and his wife Zhao Mei.
  • Yiren ADS prices fell 44.1% to close at $0.56 on October 12, 2026, following the news of the investigation.
  • On October 12, 2026, Yiren issued a press release stating Tang's measures may impair his ability to perform duties, 2026 2026 2026 Na Mei was appointed Acting Chief Executive Officer.
  • Yiren ADS prices declined an additional 18.7% to close at $0.46 on October 13, 2026, following the press releases.
  • Investors who suffered losses during the Class Period may contact Robbins LLP before December 28, 2026, to seek appointment as lead plaintiff or to remain absent class members.
  • Robbins LLP represents investors on a contingency fee basis with no upfront or out-of-pocket fees.
  • Investors can contact Robbins LLP via email, phone at (800) 350-6003, or by submitting an inquiry for further information.