Levi & Korsinsky, LLP announces that a QFIN class action lawsuit has been filed on behalf of investors who purchased 360 DigiTech, Inc. (QFIN) securities between April 29, 2021 and July 7, 2021. For more on the QFIN Lawsuit please contact us today.
According to the lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company had been collecting personal information in violation of relevant People’s Republic of China laws and regulations; (ii) accordingly, 360 DigiTech was exposed to an increased risk of regulatory scrutiny and/or enforcement action; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.
If you suffered a loss in you have until September 13, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.