New York, New York--(Newsfile Corp. - November 12, 2026) - Investors who suffered losses on Yiren Digital Ltd. ("Yiren Digital" or the "Company") (NYSE: YRD) stock may have claims to recover those losses. Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors that a federal securities class action has been filed on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Yiren Digital securities between April 29, 2026 and October 13, 2026, inclusive (the "Class Period"). Investors who wish to serve as lead plaintiff must move the Court no later than December 28, 2026.
Investors with losses on Yiren Digital securities can contact Faruqi & Faruqi partner Josh Wilson about the Yiren Digital class action to learn about their legal rights and options.
Key facts for Yiren Digital investors
- Class Period: between April 29, 2026 and October 13, 2026
- Lead plaintiff deadline: December 28, 2026
- Disclosures: May 22, 2026, October 12, 2026, and October 13, 2026
- Stock drops: $0.27 per share, or 14.44%, on May 22, 2026; $0.44 per share, or 44.1%, on October 12, 2026; and $0.1050 per share, or 18.7%, on October 13, 2026
What happened?
On May 22, 2026, various media outlets reported that CreditEase was suspending all principal and interest payments on its fixed-income-like wealth management products offered through its asset management platforms, including products of Heritvest, a disclosed related party of the Company, and announced an "orderly wind-down" of those products. On this news, the price of Yiren ADSs fell by $0.27 per ADS, or 14.44%, to close at $1.60 per ADS on May 22, 2026.
On October 12, 2026, it was reported that the Chaoyang Branch of the Beijing Municipal Public Security Bureau had opened a criminal investigation into CreditEase and had imposed "criminal coercive measures" on several suspects, including Defendant Tang and his wife, Zhao Mei. On this news, the price of Yiren ADSs declined $0.44 per ADS, or approximately 44.1%, to close at $0.56 per ADS on October 12, 2026.
On October 13, 2026, following the October 12 Press Release and October 13 Press Release, the price of Yiren ADSs continued to decline, falling an additional $0.1050, or approximately 18.7%, to close at $0.46 per ADS on October 13, 2026.
"Yiren Digital stock fell 14.44% on May 22, 2026, 44.1% on October 12, 2026, and 18.7% on October 13, 2026 after the disclosures described in the complaint. The complaint alleges that investors bought Yiren Digital shares during the Class Period without the full picture."
What does the complaint allege?
The complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) CreditEase, the Company's controlling shareholder, and its affiliates, all controlled by Defendant Tang, were experiencing severe financial distress that impaired their ability to satisfy their obligations; (2) as a result, the billions of RMB owed to the Company by CreditEase affiliates were subject to significant credit risk; (3) the Company was not separate from or unaffected by the affairs of CreditEase, given their shared leadership, the Company's dependence on CreditEase, and the Company's relationships with the CreditEase affiliates whose products defaulted; (4) Defendant Tang, the Company's Executive Chairman, CEO, and controlling shareholder, was exposed to material legal and regulatory risk, including potential criminal liability, arising from CreditEase's conduct; and (5) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.
Next steps for Yiren Digital investors
Faruqi & Faruqi, LLP is reviewing potential claims on behalf of Yiren Digital investors. Investors with losses can visit www.faruqilaw.com/YRD or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310) to discuss the Yiren Digital class action.
If you wish to serve as lead plaintiff, you must move the Court no later than December 28, 2026. The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Common questions from Yiren Digital investors
Who is eligible? Investors who purchased or otherwise acquired Yiren Digital securities between April 29, 2026 and October 13, 2026 and lost money may have claims, and can contact the firm to learn whether the Yiren Digital class action affects them.
What is a securities class action? A lawsuit brought on behalf of a group of investors who bought shares at prices alleged to have been inflated by false or misleading statements, in violation of the federal securities laws. The Yiren Digital class action alleges that the Company and its executives made such statements.
Has a lawsuit been filed? Yes. A federal securities class action has been filed against Yiren Digital. Investors who wish to serve as lead plaintiff must move the Court by December 28, 2026. Investors who do nothing remain absent class members, and serving as lead plaintiff is not required to share in any recovery.
Does it cost anything to contact the firm? No. Investors who purchased Yiren Digital securities during the Class Period may contact Faruqi & Faruqi, LLP to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation.
Whistleblower notice
Faruqi & Faruqi, LLP also encourages anyone with information regarding Yiren Digital's conduct to contact the firm, including whistleblowers, former employees, shareholders and others. Individuals with original information may also consider the SEC Whistleblower Program, which can award whistleblowers 10 to 30 percent of the monetary sanctions collected in a successful SEC enforcement action when those sanctions exceed $1 million.
About Faruqi & Faruqi, LLP
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
Related links
- Yiren Digital class action, Faruqi & Faruqi, LLP
- Yiren Digital Ltd. SEC filings index, EDGAR
- SEC Whistleblower Program
- Faruqi & Faruqi, LLP
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Contact
James (Josh) Wilson
Faruqi & Faruqi, LLP
Telephone: 877-247-4292 or 212-983-9330 (Ext. 1310)
www.faruqilaw.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/323590
Source: Faruqi & Faruqi LLP
