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Stock impact report

Portnoy Law: Lawsuit Filed On Behalf of 9F, Inc. Investors

9F Inc. - American Depositary Shares (JFU) 
Company Research Source: GlobeNewswire
Click here to join the case LOS ANGELES, March 21, 2021 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises investors that a class action lawsuit has been filed on behalf of 9F, Inc. ("9F" or "the Company") (NASDAQ: JFU) investors that acquired securities between August 3, 2020 and December 15, 2020. Investors are encouraged to contact attorney Lesley F. Portnoy, to determine eligibility to participate in this action, by phone 310-692-8883 or email, or click here to join the case. It is alleged in this complaint that (1) the purported benefits and value of 9F’s financial institution partners and its tri-party cooperation business model were materially overstated and/or did not in fact exist, given that 9F and Property and Casualty Company Limited were engaged in an ongoing contractual dispute in regard to payment of service fees under their cooperation agreement; (2) the collectability of service fees owed by PICC to 9F under the cooperation agreement was in doubt and at serio Show less Read more
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