DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors That a Class Action Lawsuit Has Been Filed Against Qutoutiao, Inc. and Encourages Investors to Contact the Firm
Qutoutiao Inc. - American Depositary Shares (QTT)
Last qutoutiao inc. - american depositary shares earnings: 3/18 05:30 am
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Source: GlobeNewswire
NEW YORK, Oct. 13, 2020 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that a class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of investors that purchased Qutoutiao, Inc. (NASDAQ: QTT) securities (a) pursuant and/or traceable to the Company’s September 2018 initial public offering (“IPO”); and/or (b) between September 14, 2018 and July 15, 2020, inclusive (the "Class Period"). Investors have until October 19, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit. Click here to participate in the action. In September 2018, the Company completed its IPO, selling 13.8 million ADSs at $7.00 per share. On December 10, 2019, Wolfpack Research published a report, alleging among other things, that the Company had overstated its revenues by recording non-existent advances from advertising customers. Moreover, the report alleg
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