{"id":390301,"date":"2020-12-01T06:54:14","date_gmt":"2020-12-01T11:54:14","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=390301"},"modified":"2020-12-01T06:54:14","modified_gmt":"2020-12-01T11:54:14","slug":"qk-alert-johnson-fistel-launches-investigation-into-qk-international-stock-price-has-plummeted-since-ipo-investors-suffering-losses-encouraged-to-contact-the-firm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/qk-alert-johnson-fistel-launches-investigation-into-qk-international-stock-price-has-plummeted-since-ipo-investors-suffering-losses-encouraged-to-contact-the-firm\/","title":{"rendered":"QK Alert: Johnson Fistel Launches Investigation into Q&amp;K International &#8211; Stock Price has Plummeted Since IPO; Investors Suffering Losses Encouraged to Contact the Firm"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">SAN DIEGO<\/span>, <span class=\"xn-chron\">Dec. 1, 2020<\/span> \/PRNewswire\/ &#8212;\u00a0Shareholder Rights Law Firm Johnson Fistel, LLP, is investigating potential claims against Q&amp;K International Group Limited\u00a0(&#8220;Q&amp;K&#8221; or the &#8220;Company&#8221;) (NASDAQ: QK) for violations of federal securities laws.<\/p>\n<p>On or about <span class=\"xn-chron\">November 5, 2019<\/span>, Q&amp;K sold about 2.7 million shares of stock in its initial public stock offering (the &#8220;IPO&#8221;) at <span class=\"xn-money\">$17.00<\/span> a share, raising nearly $50\u00a0million in new capital. On <span class=\"xn-chron\">November 30, 2020<\/span>, the stock closed at <span class=\"xn-money\">$3.65<\/span>.<\/p>\n<p>Specifically, <span class=\"xn-person\">Johnson Fistel&#8217;s<\/span> investigation seeks to determine whether the Company&#8217;s filings with the U.S. Securities and Exchange Commission in connection with its <span class=\"xn-chron\">November 2019<\/span> IPO and subsequent investor communications contained untrue statements of material facts or omitted to state other facts necessary to make the statements made therein not misleading concerning the Company&#8217;s business, and operations.<\/p>\n<p>\n        <b>If you have information that could assist in this investigation, or if you are a Q&amp;K\u00a0shareholder and are interested in learning more about the investigation, please contact <span class=\"xn-person\">Jim Baker<\/span> (<u><a target=\"_blank\" href=\"mailto:jimb@johnsonfistel.com\" rel=\"nofollow noopener noreferrer\">jimb@johnsonfistel.com<\/a><\/u>) at 619-814-4471. If emailing, please include a phone number.<\/b>\n      <\/p>\n<p>Additionally, you can [<b><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2997367-1&amp;h=112532508&amp;u=https%3A%2F%2Fwww.cognitoforms.com%2FJohnsonFistel%2FQKInternationalGroupLimited3&amp;a=Click+here+to+join+this+action\" rel=\"nofollow noopener noreferrer\">Click here to join this action<\/a><\/b>]. There is no cost or obligation to you.<\/p>\n<p>\n        <b>About <span class=\"xn-person\">Johnson Fistel<\/span>, LLP:<br \/><\/b><br \/>\n        <span class=\"xn-person\">Johnson Fistel<\/span>, LLP is a nationally recognized shareholder rights law firm with offices in <span class=\"xn-location\">California<\/span>, <span class=\"xn-location\">New York<\/span> and <span class=\"xn-location\">Georgia<\/span>. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2997367-1&amp;h=1271808252&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D2878927-1%26h%3D4215658078%26u%3Dhttps%253A%252F%252Fwww.globenewswire.com%252FTracker%253Fdata%253Dc_2rAG0I6cJzdFVkn_hJHXFcD-DprZhrEZf7_GhIIKQlshBPHLEQriopLatQK1sUkUSgKxieEn5jbj3rmuVqsblYb_7cls2l_ShYO-KqFqJOJDaDG7IXiX0yZGtc3zjB_51VwQ4EO9MwXDDyL7BYXgsiEe8ARpnjUnkfqxva_evagJrxUwdh2I0nux1IVvVEOtm4Y5wvQHuorGVI5SfcuBiCZQj-xIEJt005kF-m__LgcRux8XmIXxJea5K_xsZX%26a%3Dhttp%253A%252F%252Fwww.johnsonfistel.com&amp;a=http%3A%2F%2Fwww.johnsonfistel.com\" rel=\"nofollow noopener noreferrer\">http:\/\/www.johnsonfistel.com<\/a>. Attorney advertising. Past results do not guarantee future outcomes.<\/p>\n<p>\n        <b>Contact:<br \/><\/b><br \/>\n        <span class=\"xn-person\">Johnson Fistel<\/span>, LLP<br \/><span class=\"xn-person\">Jim Baker<\/span>, 619-814-4471 <br \/><a target=\"_blank\" href=\"mailto:jimb@johnsonfistel.com\" rel=\"nofollow noopener noreferrer\">jimb@johnsonfistel.com<\/a><\/p>\n<p>[<b><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2997367-1&amp;h=112532508&amp;u=https%3A%2F%2Fwww.cognitoforms.com%2FJohnsonFistel%2FQKInternationalGroupLimited3&amp;a=Click+here+to+join+this+action\" rel=\"nofollow noopener noreferrer\">Click here to join this action<\/a><\/b>]<\/p>\n<p>\u00a0<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=PH07869&amp;sd=2020-12-01\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/qk-alert-johnson-fistel-launches-investigation-into-qk-international---stock-price-has-plummeted-since-ipo-investors-suffering-losses-encouraged-to-contact-the-firm-301182445.html\">http:\/\/www.prnewswire.com\/news-releases\/qk-alert-johnson-fistel-launches-investigation-into-qk-international&#8212;stock-price-has-plummeted-since-ipo-investors-suffering-losses-encouraged-to-contact-the-firm-301182445.html<\/a><\/p>\n<p>SOURCE  <span class=\"xn-person\">Johnson Fistel<\/span>, LLP<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=PH07869&amp;Transmission_Id=202012010650PR_NEWS_USPR_____PH07869&amp;DateId=20201201\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire SAN DIEGO, Dec. 1, 2020 \/PRNewswire\/ &#8212;\u00a0Shareholder Rights Law Firm Johnson Fistel, LLP, is investigating potential claims against Q&amp;K International Group Limited\u00a0(&#8220;Q&amp;K&#8221; or the &#8220;Company&#8221;) (NASDAQ: QK) for violations of federal securities laws. On or about November 5, 2019, Q&amp;K sold about 2.7 million shares of stock in its initial public stock offering (the &#8220;IPO&#8221;) at $17.00 a share, raising nearly $50\u00a0million in new capital. On November 30, 2020, the stock closed at $3.65. Specifically, Johnson Fistel&#8217;s investigation seeks to determine whether the Company&#8217;s filings with the U.S. Securities and Exchange Commission in connection with its November 2019 IPO and subsequent investor communications contained untrue statements of material facts or omitted to state other facts necessary to make &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/qk-alert-johnson-fistel-launches-investigation-into-qk-international-stock-price-has-plummeted-since-ipo-investors-suffering-losses-encouraged-to-contact-the-firm\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;QK Alert: Johnson Fistel Launches Investigation into Q&amp;K International &#8211; Stock Price has Plummeted Since IPO; Investors Suffering Losses Encouraged 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-390301","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>QK Alert: Johnson Fistel Launches Investigation into Q&amp;K International - Stock Price has Plummeted Since IPO; Investors Suffering Losses Encouraged 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\/qk-alert-johnson-fistel-launches-investigation-into-qk-international-stock-price-has-plummeted-since-ipo-investors-suffering-losses-encouraged-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=\"QK Alert: Johnson Fistel Launches Investigation into Q&amp;K International - Stock Price has Plummeted Since IPO; Investors Suffering Losses Encouraged to Contact the Firm - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire SAN DIEGO, Dec. 1, 2020 \/PRNewswire\/ &#8212;\u00a0Shareholder Rights Law Firm Johnson Fistel, LLP, is investigating potential claims against Q&amp;K International Group Limited\u00a0(&#8220;Q&amp;K&#8221; or the &#8220;Company&#8221;) (NASDAQ: QK) for violations of federal securities laws. On or about November 5, 2019, Q&amp;K sold about 2.7 million shares of stock in its initial public stock offering (the &#8220;IPO&#8221;) at $17.00 a share, raising nearly $50\u00a0million in new capital. On November 30, 2020, the stock closed at $3.65. Specifically, Johnson Fistel&#8217;s investigation seeks to determine whether the Company&#8217;s filings with the U.S. Securities and Exchange Commission in connection with its November 2019 IPO and subsequent investor communications contained untrue statements of material facts or omitted to state other facts necessary to make &hellip; Continue reading &quot;QK Alert: Johnson Fistel Launches Investigation into Q&amp;K International &#8211; Stock Price has Plummeted Since IPO; Investors Suffering Losses Encouraged to Contact the Firm&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/qk-alert-johnson-fistel-launches-investigation-into-qk-international-stock-price-has-plummeted-since-ipo-investors-suffering-losses-encouraged-to-contact-the-firm\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-01T11:54:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=PH07869&amp;sd=2020-12-01\" \/>\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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/qk-alert-johnson-fistel-launches-investigation-into-qk-international-stock-price-has-plummeted-since-ipo-investors-suffering-losses-encouraged-to-contact-the-firm\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/qk-alert-johnson-fistel-launches-investigation-into-qk-international-stock-price-has-plummeted-since-ipo-investors-suffering-losses-encouraged-to-contact-the-firm\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"QK Alert: Johnson Fistel Launches Investigation into Q&amp;K International &#8211; 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Investors Suffering Losses Encouraged to Contact the Firm - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/qk-alert-johnson-fistel-launches-investigation-into-qk-international-stock-price-has-plummeted-since-ipo-investors-suffering-losses-encouraged-to-contact-the-firm\/","og_locale":"en_US","og_type":"article","og_title":"QK Alert: Johnson Fistel Launches Investigation into Q&amp;K International - Stock Price has Plummeted Since IPO; Investors Suffering Losses Encouraged to Contact the Firm - Market Newsdesk","og_description":"PR Newswire SAN DIEGO, Dec. 1, 2020 \/PRNewswire\/ &#8212;\u00a0Shareholder Rights Law Firm Johnson Fistel, LLP, is investigating potential claims against Q&amp;K International Group Limited\u00a0(&#8220;Q&amp;K&#8221; or the &#8220;Company&#8221;) (NASDAQ: QK) for violations of federal securities laws. On or about November 5, 2019, Q&amp;K sold about 2.7 million shares of stock in its initial public stock offering (the &#8220;IPO&#8221;) at $17.00 a share, raising nearly $50\u00a0million in new capital. On November 30, 2020, the stock closed at $3.65. Specifically, Johnson Fistel&#8217;s investigation seeks to determine whether the Company&#8217;s filings with the U.S. Securities and Exchange Commission in connection with its November 2019 IPO and subsequent investor communications contained untrue statements of material facts or omitted to state other facts necessary to make &hellip; Continue reading \"QK Alert: Johnson Fistel Launches Investigation into Q&amp;K International &#8211; Stock Price has Plummeted Since IPO; Investors Suffering Losses Encouraged to Contact the Firm\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/qk-alert-johnson-fistel-launches-investigation-into-qk-international-stock-price-has-plummeted-since-ipo-investors-suffering-losses-encouraged-to-contact-the-firm\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-01T11:54:14+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=PH07869&amp;sd=2020-12-01","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/qk-alert-johnson-fistel-launches-investigation-into-qk-international-stock-price-has-plummeted-since-ipo-investors-suffering-losses-encouraged-to-contact-the-firm\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/qk-alert-johnson-fistel-launches-investigation-into-qk-international-stock-price-has-plummeted-since-ipo-investors-suffering-losses-encouraged-to-contact-the-firm\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"QK Alert: Johnson Fistel Launches Investigation into Q&amp;K International &#8211; 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