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Investigations  /  06.27.2019

Shareholder Investigation of Pintec Technology

Pintec Technology Holdings Limited (PT)‘s Stock Falls Far Below IPO Price

In October 2018, Pintec Technology Holdings Limited (PT) completed its initial public offering (“IPO”), selling 3.7 American Depository Shares (“ADSs”) at $11.88 per share. Then on April 30, 2019, Pintec admitted that it would be unable to file its 2018 annual report on time, which was its first Form 20-F filing since it had gone public. Since then, Pintec shares have traded as low as $2.80 per share, a 76% decline from its IPO price. The investigation focuses on whether Pintec issued false or misleading statements about the company’s condition and failed to disclose pertinent information to investors.

Pintec Technology Holdings Limited (PT) Shareholders Have Legal Options

Concerned shareholders who would like more information about their rights and potential remedies can please send us a message via the Shareholder Information form below.

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Please Note: Neither the submission to nor the receipt of information by Robbins Arroyo LLP or one of its attorneys through this website constitutes an agreement by our firm to represent the individual and does not create an attorney-client relationship. Please do not send confidential or sensitive information through this website. This information should be communicated through a direct contact with an individual at the firm.

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