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-0.00592233009708737 -0.0145631067961164 -0.00728155339805831 -0.00728155339805831 -0.00242718446601937 -0.0145631067961164 -0.0145631067961164 -0.011893203883495
Stock impact report

JFU Alert: Johnson Fistel Launches Investigation into 9F - Investors Suffering Losses Encouraged to Contact the Firm

9F Inc. - American Depositary Shares (JFU) 
Company Research Source: PR Newswire
SAN DIEGO, Aug. 6, 2020 /PRNewswire/ -- Shareholder Rights Law Firm Johnson Fistel, LLP, is investigating potential claims against 9F Inc. ("9F" or the "Company") (NASDAQ: JFU) for violations of federal securities laws.On or about August 15, 2019, 9F sold about 8.9 million shares of stock in its initial public stock offering (the "IPO"), at $9.50 a share raising nearly $85 million in new capital. However, since the IPO, 9F stock has plunged, on August 5, 2020, the stock closed at $2.06.Specifically, Johnson Fistel's investigation seeks to determine whether the Company's filings with the U.S. Securities and Exchange Commission in connection with its August 2019 IPO and subsequent investor communications contained untrue statements of material facts or omitted to state other facts necessary to make the statements made therein not misleading concerning the Company's business, and operations.If you have information that could assist in this investigation, or if you are a 9F shareholder an Show less Read more
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