{"id":419667,"date":"2021-01-22T14:14:08","date_gmt":"2021-01-22T19:14:08","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=419667"},"modified":"2021-01-22T14:14:08","modified_gmt":"2021-01-22T19:14:08","slug":"shareholder-action-reminder-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-9f-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact-the-firm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-action-reminder-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-9f-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact-the-firm\/","title":{"rendered":"SHAREHOLDER ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against 9F Inc. and Encourages Investors with Losses in Excess 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>SHAREHOLDER ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against 9F Inc. and Encourages Investors with Losses in Excess 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=52366155&amp;newsitemid=20210122005426&amp;lan=en-US&amp;anchor=The+Schall+Law+Firm&amp;index=1&amp;md5=b015afd496bc30896a53b97274c347a1\">The Schall Law Firm<\/a>, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against 9F Inc. (\u201c9F\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%2FJFU&amp;esheet=52366155&amp;newsitemid=20210122005426&amp;lan=en-US&amp;anchor=JFU&amp;index=2&amp;md5=8fb6bff0f948f7ec0c9751692f67db88\">JFU<\/a>) for violations of the federal securities laws.\n<\/p>\n<p>\nInvestors who purchased the Company&#8217;s securities pursuant and\/or traceable to the Company\u2019s July 26, 2018 initial public offering (the &#8220;IPO&#8221;), or between July 26, 2018 and November 3, 2020, are encouraged to contact the firm before March 22, 2021.\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%2F9f-inc%2F%23case-form&amp;esheet=52366155&amp;newsitemid=20210122005426&amp;lan=en-US&amp;anchor=click+here+to+participate&amp;index=3&amp;md5=717c1710c866fdf6e88edd92714e82f5\">click here to participate<\/a>.\n<\/p>\n<p>\nWe also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, 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%2FmIwBkOrU&amp;esheet=52366155&amp;newsitemid=20210122005426&amp;lan=en-US&amp;anchor=www.schallfirm.com&amp;index=4&amp;md5=dfba20f71c2376839966c0779ec9e7e6\">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 class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.\n<\/p>\n<p>\nAccording to the Complaint, the Company made false and misleading statements to the market. 9F touted value and benefits to its financial institution partners and tri-party cooperation business model that did not exist. In fact, the Company and Property and Casualty Company Limited (\u201cPICC\u201d) were engaged in an ongoing dispute regarding payment of service fees. The Company\u2019s collectability of service fees from PICC was at serious risk of non-payment. There was also significant risk that PICC would discontinue credit insurance and guarantee protection to investors and institutional funding partners. 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 9F, investors suffered damages.\n<\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fschallfirm.com%2Fcases%2F9f-inc%2F%23case-form&amp;esheet=52366155&amp;newsitemid=20210122005426&amp;lan=en-US&amp;anchor=Join+the+case&amp;index=5&amp;md5=448784bbb39e4e953952a120224e0101\">Join the case<\/a> to recover your losses.\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=20210122005426r1&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\/20210122005426\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210122005426\/en\/<\/a><\/span><\/p>\n<p>\nThe Schall Law Firm<br \/>\n<br \/>Brian Schall, Esq.,<br \/>\n<br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.schallfirm.com&amp;esheet=52366155&amp;newsitemid=20210122005426&amp;lan=en-US&amp;anchor=www.schallfirm.com&amp;index=6&amp;md5=8ccd1082d7ed19dc8fc6ddfa8f3f8aa3\">www.schallfirm.com<br \/>\n<\/a><br \/>Office: 310-301-3335<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:info@schallfirm.com\">info@schallfirm.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America California<\/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\/20210122005426\/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>SHAREHOLDER ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against 9F Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm LOS ANGELES&#8211;(BUSINESS WIRE)&#8211;The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against 9F Inc. (\u201c9F\u201d or \u201cthe Company\u201d) (NASDAQ: JFU) for violations of the federal securities laws. Investors who purchased the Company&#8217;s securities pursuant and\/or traceable to the Company\u2019s July 26, 2018 initial public offering (the &#8220;IPO&#8221;), or between July 26, 2018 and November 3, 2020, are encouraged to contact the firm before March 22, 2021. If you are a shareholder who suffered a loss, click here to participate. We &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-action-reminder-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-9f-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact-the-firm\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SHAREHOLDER ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against 9F Inc. and Encourages Investors with Losses in Excess 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-419667","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SHAREHOLDER ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against 9F Inc. and Encourages Investors with Losses in Excess 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\/shareholder-action-reminder-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-9f-inc-and-encourages-investors-with-losses-in-excess-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=\"SHAREHOLDER ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against 9F Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SHAREHOLDER ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against 9F Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm LOS ANGELES&#8211;(BUSINESS WIRE)&#8211;The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against 9F Inc. (\u201c9F\u201d or \u201cthe Company\u201d) (NASDAQ: JFU) for violations of the federal securities laws. Investors who purchased the Company&#8217;s securities pursuant and\/or traceable to the Company\u2019s July 26, 2018 initial public offering (the &#8220;IPO&#8221;), or between July 26, 2018 and November 3, 2020, are encouraged to contact the firm before March 22, 2021. If you are a shareholder who suffered a loss, click here to participate. We &hellip; Continue reading &quot;SHAREHOLDER ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against 9F Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-action-reminder-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-9f-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact-the-firm\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-22T19:14:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210122005426r1&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\\\/shareholder-action-reminder-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-9f-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact-the-firm\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-action-reminder-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-9f-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact-the-firm\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SHAREHOLDER ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against 9F Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm\",\"datePublished\":\"2021-01-22T19:14:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-action-reminder-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-9f-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact-the-firm\\\/\"},\"wordCount\":436,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-action-reminder-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-9f-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact-the-firm\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20210122005426r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-action-reminder-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-9f-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact-the-firm\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-action-reminder-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-9f-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact-the-firm\\\/\",\"name\":\"SHAREHOLDER ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against 9F Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm - 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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\/shareholder-action-reminder-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-9f-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact-the-firm\/","og_locale":"en_US","og_type":"article","og_title":"SHAREHOLDER ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against 9F Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm - Market Newsdesk","og_description":"SHAREHOLDER ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against 9F Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm LOS ANGELES&#8211;(BUSINESS WIRE)&#8211;The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against 9F Inc. (\u201c9F\u201d or \u201cthe Company\u201d) (NASDAQ: JFU) for violations of the federal securities laws. Investors who purchased the Company&#8217;s securities pursuant and\/or traceable to the Company\u2019s July 26, 2018 initial public offering (the &#8220;IPO&#8221;), or between July 26, 2018 and November 3, 2020, are encouraged to contact the firm before March 22, 2021. If you are a shareholder who suffered a loss, click here to participate. 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