Press release
Investigation announced for Long-Term Investors in shares of Jianpu Technology Inc. (NYSE: JT)
An investigation on behalf of current long term investors in Jianpu Technology Inc. (NYSE: JT) shares.
Investors who are current long term investors in Jianpu Technology Inc. (NYSE: JT) shares, 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 for current long term investors in NYSE: JT stocks follows a lawsuit filed against Jianpu Technology Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: JT stocks, concerns whether certain Jianpu Technology directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the Southern District of New York the plaintiff alleges that the defendants made false and/or misleading statements and/or failed to disclose that certain of Jianpu's transactions carried out by the Credit Card Recommendation Business Unit involved undisclosed relationships or lacked business substance, that as a result, Jianpu's revenue and costs and expenses for fiscal 2018 and 2019 were overstated, that there were material weaknesses in Jianpu's internal control over financial reporting, that as a result of the foregoing, Jianpu's fiscal 2018 Form 20-F was reasonably likely to be restated, and that as a result, Jianpu's public statements were materially false and misleading at all relevant times.
Those who purchased shares of Jianpu Technology Inc. (NYSE: JT) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, 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, investigations, and/or settlements are not filed/initiated/reached and/or are not 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.
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