{"id":389189,"date":"2020-11-29T11:03:12","date_gmt":"2020-11-29T16:03:12","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=389189"},"modified":"2020-11-29T11:03:12","modified_gmt":"2020-11-29T16:03:12","slug":"pt-investor-alert-bronstein-gewirtz-grossman-llc-reminds-pintec-technology-holdings-limitedshareholders-of-class-action-and-lead-plaintiff-deadline-november-30-2020","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/pt-investor-alert-bronstein-gewirtz-grossman-llc-reminds-pintec-technology-holdings-limitedshareholders-of-class-action-and-lead-plaintiff-deadline-november-30-2020\/","title":{"rendered":"PT Investor Alert: Bronstein, Gewirtz & Grossman, LLC Reminds Pintec Technology Holdings LimitedShareholders of Class Action and Lead Plaintiff Deadline: November 30, 2020"},"content":{"rendered":"

<\/p>\n

PT Investor Alert: Bronstein, Gewirtz & Grossman, LLC Reminds Pintec Technology Holdings Limited<\/b>Shareholders of Class Action and Lead Plaintiff Deadline: November 30, 2020<\/b><\/p>\n

NEW YORK–(BUSINESS WIRE<\/a>)–
\nBronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Pintec Technology Holdings Limited (“Pintec” or “the Company”) (NASDAQ: PT) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Pintec securities pursuant and\/or traceable to the registration statement and prospectus (collectively, the “Registration Statement”) issued in connection with the Company\u2019s October 2018 initial public offering (“IPO” or the “Offering”). Such investors are encouraged to join this case by visiting the firm\u2019s site: www.bgandg.com\/pt<\/a>.\n<\/p>\n

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1933. <\/span><\/p>\n

\nThe Complaint alleges that the Registration Statement was false and misleading and omitted to state material facts, and specifically failed to disclose that: (1) the Company erroneously recorded revenue earned from certain technical service fee on a net basis, rather than a gross basis; (2) there were material weaknesses in Pintec\u2019s internal control over financial reporting related to cash advances outside the normal course of business to Jimu Group, a related party, and to a non-routine loan financing transaction with a third-party entity, Plutux Labs; (3) as a result of the foregoing, the Company\u2019s financial results for fiscal 2017 and 2018 had been misstated; and (4) consequently, Defendants\u2019 positive statements about the Company\u2019s business, operations, and prospects, were materially misleading and\/or lacked a reasonable basis.\n<\/p>\n

\nA class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm\u2019s site: www.bgandg.com\/pt<\/a> or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Pintec you have until November 30, 2020 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.\n<\/p>\n

\nBronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm\u2019s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201129005010\/en\/<\/a><\/span><\/p>\n

\nBronstein, Gewirtz & Grossman, LLC
\n
Peretz Bronstein or Yael Hurwitz
\n
212-697-6484 | info@bgandg.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America New York<\/p>\n

INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
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PT Investor Alert: Bronstein, Gewirtz & Grossman, LLC Reminds Pintec Technology Holdings LimitedShareholders of Class Action and Lead Plaintiff Deadline: November 30, 2020 NEW YORK–(BUSINESS WIRE)– Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Pintec Technology Holdings Limited (“Pintec” or “the Company”) (NASDAQ: PT) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Pintec securities pursuant and\/or traceable to the registration statement and prospectus (collectively, the “Registration Statement”) issued in connection with the Company\u2019s October 2018 initial public offering (“IPO” or the “Offering”). Such investors are encouraged to join this case by visiting the firm\u2019s site: www.bgandg.com\/pt. This class action seeks to recover damages against Defendants for … <\/p>\n

Continue reading “PT Investor Alert: Bronstein, Gewirtz & Grossman, LLC Reminds Pintec Technology Holdings LimitedShareholders of Class Action and Lead Plaintiff Deadline: November 30, 2020”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-389189","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nPT Investor Alert: Bronstein, Gewirtz & Grossman, LLC Reminds Pintec Technology Holdings LimitedShareholders of Class Action and Lead Plaintiff Deadline: November 30, 2020 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/pt-investor-alert-bronstein-gewirtz-grossman-llc-reminds-pintec-technology-holdings-limitedshareholders-of-class-action-and-lead-plaintiff-deadline-november-30-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PT Investor Alert: Bronstein, Gewirtz & Grossman, LLC Reminds Pintec Technology Holdings LimitedShareholders of Class Action and Lead Plaintiff Deadline: November 30, 2020 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PT Investor Alert: Bronstein, Gewirtz & Grossman, LLC Reminds Pintec Technology Holdings LimitedShareholders of Class Action and Lead Plaintiff Deadline: November 30, 2020 NEW YORK–(BUSINESS WIRE)– Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Pintec Technology Holdings Limited (“Pintec” or “the Company”) (NASDAQ: PT) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Pintec securities pursuant and\/or traceable to the registration statement and prospectus (collectively, the “Registration Statement”) issued in connection with the Company\u2019s October 2018 initial public offering (“IPO” or the “Offering”). 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