{"id":459276,"date":"2021-03-16T20:03:18","date_gmt":"2021-03-17T00:03:18","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=459276"},"modified":"2021-03-16T20:03:18","modified_gmt":"2021-03-17T00:03:18","slug":"deadline-alert-bragar-eagel-squire-p-c-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-9f-inc-and-encourages-investors-to-contact-the-firm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-alert-bragar-eagel-squire-p-c-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-9f-inc-and-encourages-investors-to-contact-the-firm\/","title":{"rendered":"DEADLINE ALERT: Bragar Eagel &amp; Squire, P.C. Reminds Investors That a Class Action Lawsuit Has Been Filed Against 9F, Inc. and Encourages Investors 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 ALERT: Bragar Eagel &amp; Squire, P.C. Reminds Investors That a Class Action Lawsuit Has Been Filed Against 9F, Inc. and Encourages Investors to Contact the Firm<\/b><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nBragar Eagel &amp; Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that a class action lawsuit has been filed in the United States District Court for the District of New Jersey on behalf of investors that purchased 9F, Inc. (NASDAQ: JFU) securities pursuant and\/or traceable to the Company\u2019s initial public offering conducted on or about August 14, 2019 (the \u201cIPO\u201d or \u201cOffering\u201d); or between August 14, 2019 and September 29, 2020 (the \u201cClass Period\u201d). Investors have until March 22, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit.\n<\/p>\n<p>\nClick <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fbespc.com%2Fcases%2FJFU&amp;esheet=52396986&amp;newsitemid=20210316005973&amp;lan=en-US&amp;anchor=here&amp;index=1&amp;md5=91f2bfe7f92b06ea418ce1c371d64a79\">here<\/a> to participate in the action.\n<\/p>\n<p>\nIn August 2019, defendants held the IPO, selling approximately 8.9 million American depositary shares (\u201cADSs\u201d) to the investing public at $9.50 per ADS, pursuant to the Registration Statement.\n<\/p>\n<p>\nBy the commencement of this action, the Company\u2019s shares trade significantly below the IPO price.\n<\/p>\n<p>\nThe complaint, filed on January 20, 2021, alleges that the materials supporting the Offering, and defendants throughout the Class Period, made false and\/or misleading statements and\/or failed to disclose that: (1) the purported value and benefits of the Company\u2019s financial institution partners and its tri-party cooperation business model did not in fact exist and\/or were materially overstated, given that 9F and Property and Casualty Company Limited (\u201cPICC\u201d) had been engaged in an ongoing contractual dispute regarding payment of service fees under the Cooperation Agreement; (2) the collectability of service fees owed to 9F by PICC under the Cooperation Agreement was in doubt and at serious risk of non-payment; (3) there was a significant risk that PICC would no longer provide credit insurance and guarantee protection to investors and institutional funding partners; (4) as a result of the foregoing, the Company\u2019s platform, business model, reputation and financial results had been materially impaired; and (5) as a result, defendants\u2019 statements about the Company\u2019s business, operations, and prospects were materially false and misleading and\/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.\n<\/p>\n<p>\nIf you purchased 9F securities pursuant and\/or traceable to the IPO or 9F securities during the Class Period and suffered a loss, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker, Melissa Fortunato, or Marion Passmore by email at <a rel=\"nofollow\" href=\"mailto:investigations@bespc.com\">investigations@bespc.com<\/a>, telephone at (212) 355-4648, or by <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fbespc.com%2Fcases%2FJFU&amp;esheet=52396986&amp;newsitemid=20210316005973&amp;lan=en-US&amp;anchor=filling+out+this+contact+form.&amp;index=2&amp;md5=eeba6d10ff1314b90ed5902ef4adf92f\">filling out this contact form.<\/a> There is no cost or obligation to you.\n<\/p>\n<p><b>About Bragar Eagel &amp; Squire, P.C.:<\/b><\/p>\n<p>\nBragar Eagel &amp; Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.bespc.com&amp;esheet=52396986&amp;newsitemid=20210316005973&amp;lan=en-US&amp;anchor=www.bespc.com&amp;index=3&amp;md5=daa0c2c78742d4105e197a6d6224a57c\">www.bespc.com<\/a>. Attorney advertising. Prior results do not guarantee similar outcomes.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210316005973r1&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\/20210316005973\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210316005973\/en\/<\/a><\/span><\/p>\n<p>\nBragar Eagel &amp; Squire, P.C.<br \/>\n<br \/>Brandon Walker, Esq.<br \/>\n<br \/>Melissa Fortunato, Esq.<br \/>\n<br \/>Marion Passmore, Esq.<br \/>\n<br \/>(212) 355-4648<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:investigations@bespc.com\">investigations@bespc.com<br \/>\n<\/a><br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.bespc.com&amp;esheet=52396986&amp;newsitemid=20210316005973&amp;lan=en-US&amp;anchor=www.bespc.com&amp;index=4&amp;md5=f99254723c3f97cbdc908317de3dfac4\">www.bespc.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> New York 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\/20210316005973\/en\/538768\/3\/BES_Mark.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 ALERT: Bragar Eagel &amp; Squire, P.C. Reminds Investors That a Class Action Lawsuit Has Been Filed Against 9F, Inc. and Encourages Investors to Contact the Firm NEW YORK&#8211;(BUSINESS WIRE)&#8211; Bragar Eagel &amp; Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that a class action lawsuit has been filed in the United States District Court for the District of New Jersey on behalf of investors that purchased 9F, Inc. (NASDAQ: JFU) securities pursuant and\/or traceable to the Company\u2019s initial public offering conducted on or about August 14, 2019 (the \u201cIPO\u201d or \u201cOffering\u201d); or between August 14, 2019 and September 29, 2020 (the \u201cClass Period\u201d). Investors have until March 22, 2021 to apply to the Court to be &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-alert-bragar-eagel-squire-p-c-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-9f-inc-and-encourages-investors-to-contact-the-firm\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;DEADLINE ALERT: Bragar Eagel &amp; Squire, P.C. Reminds Investors That a Class Action Lawsuit Has Been Filed Against 9F, Inc. and Encourages Investors 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-459276","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>DEADLINE ALERT: Bragar Eagel &amp; Squire, P.C. 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Reminds Investors That a Class Action Lawsuit Has Been Filed Against 9F, Inc. and Encourages Investors to Contact the Firm NEW YORK&#8211;(BUSINESS WIRE)&#8211; Bragar Eagel &amp; Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that a class action lawsuit has been filed in the United States District Court for the District of New Jersey on behalf of investors that purchased 9F, Inc. (NASDAQ: JFU) securities pursuant and\/or traceable to the Company\u2019s initial public offering conducted on or about August 14, 2019 (the \u201cIPO\u201d or \u201cOffering\u201d); or between August 14, 2019 and September 29, 2020 (the \u201cClass Period\u201d). Investors have until March 22, 2021 to apply to the Court to be &hellip; Continue reading &quot;DEADLINE ALERT: Bragar Eagel &amp; Squire, P.C. 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Reminds Investors That a Class Action Lawsuit Has Been Filed Against 9F, Inc. and Encourages Investors to Contact the Firm\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-alert-bragar-eagel-squire-p-c-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-9f-inc-and-encourages-investors-to-contact-the-firm\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-17T00:03:18+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210316005973r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-alert-bragar-eagel-squire-p-c-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-9f-inc-and-encourages-investors-to-contact-the-firm\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-alert-bragar-eagel-squire-p-c-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-9f-inc-and-encourages-investors-to-contact-the-firm\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"DEADLINE ALERT: Bragar Eagel &amp; Squire, P.C. 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