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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Pintec Technology Holdings Limited (NASDAQ: PT) violated securities laws in connection with certain financial statements.
The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Pintec Technology Holdings Limited (NASDAQ: PT) concerning whether a series of statements by Pintec Technology Holdings Limited regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
In October 2018, the Company completed its initial public offering in which it sold more than 3.7 million American Depositary Shares at $11.88 per share.
On April 30, 2019, the Company revealed that it could not timely file its 2018 annual report, its first filing on Form 20-F since it went public.
Since the IPO, Pintec’s stock has traded as low as $2.80 per share, significantly below the $11.88 offering price.
Based in Beijing, the People's Republic of China, and founded in 2017 Pintec Technology Holdings Limited engages in the operation of an online technology platform that enables financial services in the People's Republic of China.
If you purchased shares of Pintec Technology Holdings Limited (NASDAQ: PT) on or before April 30, 2019, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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