An investigation on behalf of current long term investors in Jianpu Technology Inc. (NYSE:JT) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 06/03/2021 -- An investigation was announced over possible breaches of fiduciary duties by certain directors of Jianpu Technology Inc.
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 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.
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:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, 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, investigation, and/or settlements are not filed/reached and/or 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.