{"id":389561,"date":"2020-11-30T08:59:29","date_gmt":"2020-11-30T13:59:29","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=389561"},"modified":"2020-11-30T08:59:29","modified_gmt":"2020-11-30T13:59:29","slug":"deadline-today-the-schall-law-firm-announces-it-is-investigating-claims-against-pintec-technology-holdings-limited-and-encourages-investors-with-losses-of-100000-to-contact-the-firm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-today-the-schall-law-firm-announces-it-is-investigating-claims-against-pintec-technology-holdings-limited-and-encourages-investors-with-losses-of-100000-to-contact-the-firm\/","title":{"rendered":"DEADLINE TODAY: The Schall Law Firm Announces it is Investigating Claims Against Pintec Technology Holdings Limited and Encourages Investors with Losses of $100,000 to Contact the Firm"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>DEADLINE TODAY: The Schall Law Firm Announces it is Investigating Claims Against Pintec Technology Holdings Limited and Encourages Investors with Losses of $100,000 to Contact the Firm<\/b><\/p>\n<p>LOS ANGELES&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fschallfirm.com%2F&amp;esheet=52339392&amp;newsitemid=20201130005615&amp;lan=en-US&amp;anchor=The+Schall+Law+Firm&amp;index=1&amp;md5=39f74b124298072cbfaaf93a3937c404\">The Schall Law Firm<\/a>, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Pintec Technology Holdings Limited (\u201cPintec\u201d or \u201cthe Company\u201d) (NASDAQ: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ffinance.yahoo.com%2Fquote%2FPT&amp;esheet=52339392&amp;newsitemid=20201130005615&amp;lan=en-US&amp;anchor=PT&amp;index=2&amp;md5=66eb711825ae84aed01194185dfcddd4\">PT<\/a>) for violations of the securities laws.\n<\/p>\n<p>\nThe investigation focuses on whether the Company issued false and\/or misleading statements and\/or failed to disclose information pertinent to investors. Pintec improperly recorded technical service revenues on a net basis instead of on a gross basis. The Company suffered from material weaknesses in its internal controls on financial reporting. In particular, the Company had poor controls on cash advances to a related party. Based on these weaknesses, the Company misstated its financials for 2017 and 2018. Based on these facts, the Company\u2019s public statements were false and materially misleading throughout the class period. When the market learned the truth about Pintec, investors suffered damages.\n<\/p>\n<p>\nIf you are a shareholder who suffered a loss, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fschallfirm.com%2Fcases%2Fpintec-technology-holdings-limited-2%2F%23case-form&amp;esheet=52339392&amp;newsitemid=20201130005615&amp;lan=en-US&amp;anchor=click+here+to+participate&amp;index=3&amp;md5=a3f912a7eebe2b234e77fbe6d959774d\">click here to participate<\/a>.\n<\/p>\n<p>\nWe also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm&#8217;s website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fpr.report%2FhApjv-2Z&amp;esheet=52339392&amp;newsitemid=20201130005615&amp;lan=en-US&amp;anchor=www.schallfirm.com&amp;index=4&amp;md5=c7275578be79f02c607e2d9f1212e396\">www.schallfirm.com<\/a>, or by email at <a rel=\"nofollow\" href=\"mailto:brian@schallfirm.com\">brian@schallfirm.com<\/a>.\n<\/p>\n<p>\nThe Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.\n<\/p>\n<p>\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201130005615r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201130005615\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201130005615\/en\/<\/a><\/span><\/p>\n<p>\nThe Schall Law Firm<br \/>\n<br \/>Brian Schall, Esq.<br \/>\n<br \/>310-301-3335<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:info@schallfirm.com\">info@schallfirm.com<br \/>\n<\/a><br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fpr.report%2FApg0Tmvn&amp;esheet=52339392&amp;newsitemid=20201130005615&amp;lan=en-US&amp;anchor=www.schallfirm.com&amp;index=5&amp;md5=2454a293977475a7d95d156c44246678\">www.schallfirm.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> California United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201130005615\/en\/827144\/3\/Schall-Firm-Logo-640x360.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>DEADLINE TODAY: The Schall Law Firm Announces it is Investigating Claims Against Pintec Technology Holdings Limited and Encourages Investors with Losses of $100,000 to Contact the Firm LOS ANGELES&#8211;(BUSINESS WIRE)&#8211;The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Pintec Technology Holdings Limited (\u201cPintec\u201d or \u201cthe Company\u201d) (NASDAQ: PT) for violations of the securities laws. The investigation focuses on whether the Company issued false and\/or misleading statements and\/or failed to disclose information pertinent to investors. Pintec improperly recorded technical service revenues on a net basis instead of on a gross basis. The Company suffered from material weaknesses in its internal controls on financial reporting. In particular, the Company had &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-today-the-schall-law-firm-announces-it-is-investigating-claims-against-pintec-technology-holdings-limited-and-encourages-investors-with-losses-of-100000-to-contact-the-firm\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;DEADLINE TODAY: The Schall Law Firm Announces it is Investigating Claims Against Pintec Technology Holdings Limited and Encourages Investors with Losses of $100,000 to Contact the Firm&#8221;<\/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-389561","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>DEADLINE TODAY: The Schall Law Firm Announces it is Investigating Claims Against Pintec Technology Holdings Limited and Encourages Investors with Losses of $100,000 to Contact the Firm - 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\/deadline-today-the-schall-law-firm-announces-it-is-investigating-claims-against-pintec-technology-holdings-limited-and-encourages-investors-with-losses-of-100000-to-contact-the-firm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DEADLINE TODAY: The Schall Law Firm Announces it is Investigating Claims Against Pintec Technology Holdings Limited and Encourages Investors with Losses of $100,000 to Contact the Firm - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"DEADLINE TODAY: The Schall Law Firm Announces it is Investigating Claims Against Pintec Technology Holdings Limited and Encourages Investors with Losses of $100,000 to Contact the Firm LOS ANGELES&#8211;(BUSINESS WIRE)&#8211;The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Pintec Technology Holdings Limited (\u201cPintec\u201d or \u201cthe Company\u201d) (NASDAQ: PT) for violations of the securities laws. The investigation focuses on whether the Company issued false and\/or misleading statements and\/or failed to disclose information pertinent to investors. Pintec improperly recorded technical service revenues on a net basis instead of on a gross basis. The Company suffered from material weaknesses in its internal controls on financial reporting. In particular, the Company had &hellip; Continue reading &quot;DEADLINE TODAY: The Schall Law Firm Announces it is Investigating Claims Against Pintec Technology Holdings Limited and Encourages Investors with Losses of $100,000 to Contact the Firm&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-today-the-schall-law-firm-announces-it-is-investigating-claims-against-pintec-technology-holdings-limited-and-encourages-investors-with-losses-of-100000-to-contact-the-firm\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-30T13:59:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201130005615r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/deadline-today-the-schall-law-firm-announces-it-is-investigating-claims-against-pintec-technology-holdings-limited-and-encourages-investors-with-losses-of-100000-to-contact-the-firm\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/deadline-today-the-schall-law-firm-announces-it-is-investigating-claims-against-pintec-technology-holdings-limited-and-encourages-investors-with-losses-of-100000-to-contact-the-firm\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"DEADLINE TODAY: The Schall Law Firm Announces it is Investigating Claims Against Pintec Technology Holdings Limited and Encourages Investors with Losses of $100,000 to Contact the Firm\",\"datePublished\":\"2020-11-30T13:59:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/deadline-today-the-schall-law-firm-announces-it-is-investigating-claims-against-pintec-technology-holdings-limited-and-encourages-investors-with-losses-of-100000-to-contact-the-firm\\\/\"},\"wordCount\":341,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/deadline-today-the-schall-law-firm-announces-it-is-investigating-claims-against-pintec-technology-holdings-limited-and-encourages-investors-with-losses-of-100000-to-contact-the-firm\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20201130005615r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/deadline-today-the-schall-law-firm-announces-it-is-investigating-claims-against-pintec-technology-holdings-limited-and-encourages-investors-with-losses-of-100000-to-contact-the-firm\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/deadline-today-the-schall-law-firm-announces-it-is-investigating-claims-against-pintec-technology-holdings-limited-and-encourages-investors-with-losses-of-100000-to-contact-the-firm\\\/\",\"name\":\"DEADLINE TODAY: The Schall Law Firm Announces it is Investigating Claims Against Pintec Technology Holdings Limited and Encourages Investors with Losses of $100,000 to Contact the Firm - 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The investigation focuses on whether the Company issued false and\/or misleading statements and\/or failed to disclose information pertinent to investors. Pintec improperly recorded technical service revenues on a net basis instead of on a gross basis. The Company suffered from material weaknesses in its internal controls on financial reporting. 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