{"id":442135,"date":"2021-02-23T10:03:17","date_gmt":"2021-02-23T15:03:17","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=442135"},"modified":"2021-02-23T10:03:17","modified_gmt":"2021-02-23T15:03:17","slug":"jt-shareholder-alert-bronstein-gewirtz-grossman-llc-notifies-jianpu-technology-inc-investors-of-class-action-and-encourages-shareholders-to-contact-the-firm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/jt-shareholder-alert-bronstein-gewirtz-grossman-llc-notifies-jianpu-technology-inc-investors-of-class-action-and-encourages-shareholders-to-contact-the-firm\/","title":{"rendered":"JT Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Notifies Jianpu Technology, Inc. Investors of Class Action and Encourages Shareholders to Contact the Firm"},"content":{"rendered":"
\n

NEW YORK, Feb. 23, 2021 (GLOBE NEWSWIRE) — Attorney Advertising — Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against\u00a0Jianpu Technology, Inc. (“Jianpu” or the “Company”) (NYSE:\u00a0JT<\/a>) American Depositary Shares (“ADSs” or “shares”) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Jianpu securities between May 29, 2018 and February 16, 2021, both dates inclusive (the “Class Period”).\u00a0Such investors are encouraged to join this case by visiting the firm\u2019s site: www.bgandg.com\/jt<\/a>.\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0<\/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 1934.<\/p>\n

The complaint alleges that throughout the Class Period, Defendants made materially false and\/or misleading statements, and failed to disclose to investors that: \u00a0(1) that certain of the Company\u2019s transactions carried out by the Credit Card Recommendation Business Unit involved undisclosed relationships or lacked business substance; (2) that, as a result, Jianpu\u2019s revenue and costs and expenses for fiscal 2018 and 2019 were overstated; (3) that there were material weaknesses in Jianpu\u2019s internal control over financial reporting; (4) that, as a result of the foregoing, the Company\u2019s fiscal 2018 Form 20-F was reasonably likely to be restated; and (5) that, as a result of the foregoing, Defendants\u2019 positive statements about the Company\u2019s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis.<\/p>\n

A 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\/jt<\/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 Jianpu you have until April 19, 2021 to request that the Court appoint you as lead plaintiff.\u00a0 Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.<\/p>\n

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.\u00a0 Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.\u00a0 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.\u00a0 \u00a0Attorney advertising. Prior results do not guarantee similar outcomes.<\/p>\n

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

\n
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<\/div>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, Feb. 23, 2021 (GLOBE NEWSWIRE) — Attorney Advertising — Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against\u00a0Jianpu Technology, Inc. (“Jianpu” or the “Company”) (NYSE:\u00a0JT) American Depositary Shares (“ADSs” or “shares”) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Jianpu securities between May 29, 2018 and February 16, 2021, both dates inclusive (the “Class Period”).\u00a0Such investors are encouraged to join this case by visiting the firm\u2019s site: www.bgandg.com\/jt.\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. The complaint alleges that throughout … <\/p>\n

Continue reading “JT Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Notifies Jianpu Technology, Inc. Investors of Class Action and Encourages Shareholders to Contact the Firm”<\/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-442135","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nJT Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Notifies Jianpu Technology, Inc. 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