SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Involving Possible Securities Fraud Violations by Certain Officers and Directors of Jianpu Technology Inc.
NEW YORK, Oct. 05, 2018 (GLOBE NEWSWIRE) -- Levi & Korsinsky announces it has commenced an investigation of Jianpu Technology Inc. (“Jianpu” or “the Company”) (NYSE: JT) concerning possible violations of federal securities laws.
On November 16, 2017, Jianpu conducted its Initial Public Offering of American Depositary Shares at a price of $8.00 per share. On November 21, 2017, Chinese regulators banned the issuance of new online peer-to-peer licenses, citing improper and illegal practices by lenders such as Qudian and PPDAI. On this news, Jianpu’s share price fell more than 30 percent to close at just $4.90 per share on November 24, 2017. To obtain additional information, go to:
or contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Levi & Korsinsky, LLPEduard Korsinsky, Esq.55 Broadway, 10th FloorNew York, NY 10006Tel: (212) 363-7500Toll Free: (877) 363-5972Fax: (212) 363-7171 www.zlk.com