San Diego, CA -- (SBWIRE) -- 12/15/2020 -- An investigation was announced concerning potential securities laws violations by Q&K International Group Limited in connection with certain financial statements.

Investors who purchased shares of Q&K International Group Limited (NASDAQ: QK), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether a series of statements by Q&K International Group Limited regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

China based Q&K International Group Limited operates a long-term apartment rental platform in the People's Republic of China.

On or about November 5, 2019, Q&K International Group Limited sold about 2.7 million shares of stock in its initial public stock offering (the "IPO") at $17.00 a share, raising nearly $50 million in new capital.

Since then, shares of Q&K International Group Limited (NASDAQ: QK) declined to as low as $3.33 per share in November 2020.

Those who purchased shares of Q&K International Group Limited (NASDAQ: QK) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.