CORRECTING and REPLACING SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against 9F Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
THE ANGEL–(BUSINESS WIRE) – The second paragraph should read: Investors who purchased and / or are traceable in the Company’s securities pursuant to the Company’s initial public offering on July 26, 2018 (“Initial Public Offering”) or between July 26, 2018 and November 3, 2020 , are encouraged to contact the Company prior to March 22, 2021 (in lieu of investors who purchased the Company’s securities between December 31, 2020 and January 14, 2021 inclusive (including the “Class Period”) are advised to contact to contact the company before March 22. 2021).
The updated version is:
ACTION WARNING TO SHAREHOLDERS: Schall law firm has announced that it has filed a class action lawsuit against 9F Inc. and encourages investors with losses in excess of $ 100,000 to contact the firm
Schall Law Firm, a national shareholder law firm, has announced that it is filing a class action lawsuit against 9F Inc. (“9F” or “the Company”) (NASDAQ: JFU) for violations of the Federal Securities Act.
Investors who bought the company’s securities as part of the IPO on July 26, 2018 (“IPO”) or between July 26, 2018 and November 3, 2020 and / or who are traceable are asked to register before December 22, 2018. March to contact the company. 2021.
If you are a shareholder who has suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall law firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335 to discuss your rights at no charge. You can also contact us on the company’s website at www.schallfirm.com or by email at firstname.lastname@example.org.
In this case, the class has not yet been certified and you will not be represented by a lawyer until certification. If you don’t take action, you can remain an absent class member.
According to the complaint, the company made false and misleading statements to the market. 9F extolled value and value for its financial institution partners and the three-party collaboration business model that did not exist. In fact, the Company and the Property and Casualty Insurance Company (“PICC”) were embroiled in an ongoing dispute over payment of service fees. The Company’s collection of service fees by PICC was at a serious risk of non-payment. There was also a significant risk that PICC could terminate its credit insurance and provide protection to investors and institutional funding partners. Because of these facts, the company’s public statements were false and materially misleading throughout the teaching period. When the market learned the truth about 9F, investors suffered damage.
Join the case to make up for your losses.
Schall law firm represents investors around the world and specializes in class and shareholder disputes.
This press release may be viewed as a solicitor’s advertisement in some jurisdictions under applicable laws and ethical rules.