SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of 360 DigiTech, Inc. - QFIN
NEW YORK, July 12, 2021 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of 360 DigiTech, Inc. ("360 DigiTech" or the "Company") (NASDAQ: QFIN). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980.
The investigation concerns whether 360 DigiTech and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On July 8, 2021, reports circulated on social media to the effect that the Company's core product, the 360 IOU app, had been removed from major app stores. The reports came in the days following the high-profile removal of other companies' apps as Chinese regulators investigated their customer data protection practices.
On this news, 360 DigiTech's stock price fell $7.12 per share, or 21.48%, to close at $26.02 per share on July 8, 2021.
The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
[email protected]
888-476-6529 ext. 7980
SOURCE Pomerantz LLP
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