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ROSEN, GLOBALLY RECOGNIZED INVESTOR COUNSEL, Announces Investigation of Securities Claims Against 9F Inc. - JFU

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NEW YORK, Dec. 29, 2020 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of 9F Inc. (NASDAQ: JFU) resulting from allegations that 9F may have issued materially misleading business information to the investing public.

On or around August 15, 2019, 9F sold approximately 8.9 million American Depositary Shares ("ADSs") in its initial public offering (the "IPO"), at $9.50 per ADS raising nearly $85 million in new capital. However, since the IPO, the price of 9F ADSs has plunged and closed at $1.26 per ADS on December 15, 2020.

Rosen Law Firm is preparing a securities lawsuit on behalf of 9F shareholders. If you purchased securities of 9F please visit the firm's website at http://www.rosenlegal.com/cases-register-2007.html to join the securities action. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or cases@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm's attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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Contact Information:

      Laurence Rosen, Esq.
      Phillip Kim, Esq.
      The Rosen Law Firm, P.A.
      275 Madison Avenue, 40th Floor
      New York, NY 10016
      Tel: (212) 686-1060
      Toll Free: (866) 767-3653
      Fax: (212) 202-3827
      lrosen@rosenlegal.com
      pkim@rosenlegal.com
      cases@rosenlegal.com
      www.rosenlegal.com

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SOURCE Rosen Law Firm, P.A.

9F Inc.

NASDAQ:JFU

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32.85M
92.45M
20.23%
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Information Technology Services
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United States of America
Beijing

About JFU

9f inc., together with its subsidiaries, operates a digital financial account platform that integrates and personalizes financial services in the people's republic of china. its products include digital financial accounts that offer online lending, online wealth management, and payment facilitation services; revolving and non-revolving loan products to borrowers, as well as traffic referral services to institutional funding partners; and a suite of online wealth management products, such as fixed income products, stocks, insurance, and mutual funds to investors in various platforms, including wukong licai, 9f wallet, and 9f puhui. the company also provides payment facilitation and other products and services that help users to pay credit card bills and household bills, such as utility bills; and other value-added services, including credit history search, debt consolidation, and user referral services. it has partnerships with borrowers, investors, financial institutions, and merchant