Pintec Technology Holdings Limited (PT)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Pintec Technology Holdings Limited ("Pintec" or the “Company”) (NASDAQ: PT). The investigation concerns whether Pintec and certain of its officers and/or directors have violated federal securities laws.
In October 2018, Pintec completed its initial public offering (“IPO”), selling over 3.7 million American Depository Shares (“ADSs”) priced at at $11.88 per share. Then, on April 30, 2019, Pintec announced that the Company was “unable to file its Annual Report on Form 20-F for the period ended December 31, 2018 on a timely basis because the Company was unable, without unreasonable effort or expense, to complete the Form 20-F within the prescribed period.” Since the IPO, Pintec’s ADS price has closed as low as $0.47, representing a decline of more than 96% from the offering price.
If you are aware of any facts relating to this investigation, or purchased Pintec shares, you can assist this investigation by contacting the firm. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.