Thieler Law Corp advises investors with losses exceeding $100,000 of the October 1, 2018 lead plaintiff deadline in a class action lawsuit filed against GDS Holdings Limited (NASDAQ: GDS) (“'GDS” or “the Company”). The suit is pending in the U.S. District Court for the Southern District of New York and investors, who purchased GDS Holdings Limited securities between November 2, 2016 and July 31, 2018, have until October 1, 2018 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased GDS Holdings Limited securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that the Company has overstated its utilization and occupancy rates; the Company has made acquisitions with related parties at inflated prices; it has used suspect capital and debt raisings despite large off-shore cash reserves; it has adopted unorthodox accounts receivable and payable practices; and that, as a result of the foregoing, Defendant's statements about GDS' business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis.

On July 31, 2018, a report published by Blue Orca Capital claimed that “GDS is borrowing crippling amounts of debt to enrich insiders by acquiring data centers from undisclosed related parties which are not nearly as valuable as the Company claims.”

Following this news, NASDAQ: GDS fell $12.92, or more than 37%, to close at $21.83 per share on July 31, 2018.

If you were negatively impacted by your investment in GDS Holdings Limited securities between November 2, 2016 and July 31, 2018 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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