An investigation for investors in Jianpu Technology Inc. (NYSE: JT) shares over potential securities laws violations by Jianpu Technology Inc. was announced.
San Diego, CA -- (SBWIRE) -- 10/17/2018 -- An investigation on behalf of investors of Jianpu Technology Inc. (NYSE: JT) shares over potential securities laws violations by Jianpu Technology Inc. was announced.
Investors who purchased shares of Jianpu Technology Inc. (NYSE: JT), 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 Jianpu Technology Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
China base Jianpu Technology Inc. operates a platform that provides online discovery and recommendation services for financial products in the People's Republic of China.
On November 16, 2017, Jianpu Technology Inc u conducted its initial public offering ("IPO") of American depositary shares at a price of $8.00 per share.
On November 21, 2017, however, Chinese regulators banned the issuance of new online peer-to-peer licenses, citing improper and illegal practices by lenders such as Qudian and PPDAI.
Shares of Jianpu Technology Inc. (NYSE: JT) fell more than 30%, to close at just $4.90 per share on November 24, 2017.
Those who purchased shares of Jianpu Technology Inc. (NYSE: JT) 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
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.