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Stock impact report

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Qutoutiao Inc. (QTT)

Qutoutiao, Inc ADS (QTT)  More Company Research Source: Business Wire
Last qutoutiao, inc ads earnings: 3/18 05:30 am Check Earnings Report
PDF LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming October 19, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired Qutoutiao Inc. ("Qutoutiao" or "the Company") (NASDAQ: QTT): (a) American Depositary Shares (“ADSs” or “shares”) pursuant and/or traceable to the Company’s September 2018 initial public offering (“IPO” or the “Offering”); and/or (b) securities between September 14, 2018 and July 15, 2020, inclusive (the “Class Period”).If you are a shareholder who suffered a loss, click here to participate.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 alleged that Qutoutiao replaced its third-party advertising agent with a [Read more]
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