Yiren Digital Ltd. (NYSE: YRD)

This lawsuit is for anyone who acquired securities in Yiren Digital Ltd. (NYSE: YRD) from April 29, 2026 through October 13, 2026.

The lawsuit alleges that the Company and certain of its executives violated federal law. Specifically, the lawsuit alleges that, throughout the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the lawsuit alleges that the Company misled investors by failing to timely inform investors that CreditEase, Yiren’s controlling shareholder controlled by Yiren’s CEO, Ning Tang, was experiencing severe financial distress that impaired CreditEase’s ability to satisfy its obligations, including CreditEase’s material obligations to Yiren.

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 Yiren, and announced an “orderly wind-down” of those products. The suspended products were reported to be worth approximately 30 billion yuan, or about $4.4 billion. On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume. Then, on October 12, 2026, Yiren announced Ning Tang, the Company’s Executive Chairman and Chief Executive Officer, had been subject to criminal compulsory measures in connection with an investigation involving certain affiliates of the Company’s controlling shareholder. On this news, the price of the Company’s stock again dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Yiren Digital Ltd. (NYSE: YRD) from April 29, 2026 through October 13, 2026 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.