The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against 9F Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / March 8, 2021 /Schall Law Firm, a national law firm specializing in shareholder rights, has announced the filing of 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 in accordance with the Company’s initial public offering on August 14, 2019 (“Initial Public Offering”) or between August 14, 2019 and September 29, 2020, and / or who are traceable, are requested to register before April 22, 2019 Contact the company in March. 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 brian@schallfirm.com.

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 utility for its financial institution partners and the non-existent business model of three-party collaboration. In fact, the Company and the Property and Casualty Insurance Company (“PICC”) have been embroiled in an ongoing dispute over the 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 break 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.

The story goes on

Schall law firm represents investors around the world and specializes in class action and shareholder disputes.

This press release may be viewed as a solicitor’s advertisement in some jurisdictions under applicable laws and ethical rules.

CONTACT:
The law firm Schall
Brian Schall, Esq.
310-301-3335
info@schallfirm.com
www.schallfirm.com

SOURCE: The law firm Schall

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https://www.accesswire.com/633982/MARCH-DEADLINE-REMINDER-The-Schall-Law-Firm-Announces-the-Filing-of-a-Class-Action-Lawsuit-Against-9F-Inc-and- Encourages investors at a loss to contact the company

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