Wolf Haldenstein Adler Freeman & Herz LLP reminds investors that a securities class action lawsuit has been filed against 360 DigiTech, Inc. in the United States District Court for the Southern District of New York

LEISURE TIME FOR APPLICANTS IS SEPTEMBER 13, 2021

NEW YORK, July 22, 2021 (GLOBE NEWSWIRE) – Wolf Haldenstein Adler Freeman & Herz LLP announces that a class action lawsuit has been filed in the U.S. District Court for the Southern District of New York on behalf of investors or otherwise the American Depositary Receipts (“ADRs”) from 360 DigiTech, Inc. (“360 DigiTech” or the “Company”) (NASDAQ: QFIN) between the 30th period “).

Any investor who subscribes to 360 DigiTech, Inc. and any losses incurred are urged to contact the company immediately classmember@whafh.com or (800) 575-0735 or (212) 545-4774. You can get more information about the promotion or join the case on our website, www.whafh.com.

If you have losses in ADRs from. have suffered 360 DigiTech, Inc., You may, by 13.09.2021 at the latest, request that the court appoint you as the lead plaintiff of the proposed group. Please contact Wolf Haldenstein to find out more about your rights as an investor in the ADRs of 360 DigiTech, Inc.

PLEASE CLICK HERE TO JOIN THE CASE

The lawsuit filed alleges that during the class action period the defendants made materially false and / or misleading statements and failed to disclose material adverse facts about the company’s business, operations and prospects. In particular, the defendants have not disclosed to investors that:

  • As a result, Defendants’ statements about its business, operations and prospects were materially false and misleading and / or were inadequate at all relevant times.

On July 8, 2021, Seeking Alpha reported on social media that the company’s core product offering, the 360 ​​IOU app, had been removed from app stores.

The story goes on

As a result of this news, the company’s stock price fell $ 7.12, or 21%, to close at $ 26.02 per share on July 8, 2021.

Subsequently, on July 9, 2021, Seeking Alpha reported that 360 DigiTech had confirmed the removal of its 360 IOU app from the Android app store, quoting a company spokesperson saying that the company was “filing a new rectification plan and that I intensified the whole “. Process.”

Wolf Haldenstein has extensive experience prosecuting securities class actions and derivatives disputes in state and federal courts and appeals courts across the country. The firm has lawyers in various fields of activity; and offices in New York, Chicago and San Diego. This firm’s reputation and expertise in shareholder and other class action lawsuits have been recognized repeatedly by the courts who have appointed them to key positions in complex securities, multi-district and consolidated litigation.

If you would like to discuss this measure or if you have any questions about your rights and interests in this case, please contact Wolf Haldenstein immediately by telephone at (800) 575-0735, by email at classmember@whafh.com or visit our website at www.whafh.com.

Contact:

Wolf Haldenstein Adler Freeman & Herz LLP
Patrick Donovan, Esq.
Gregory Stone, director of case and financial analysis
Email: gstone@whafh.com, donovan@whafh.com or classmember@whafh.com
Tel: (800) 575-0735 or (212) 545-4774

This press release may be viewed as a solicitation in some jurisdictions subject to applicable laws and ethical rules.

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