Investigation announced for Long-Term Investors in 360 DigiTech, Inc. (NASDAQ: QFIN) over potential Wrongdoing

An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of 360 DigiTech, Inc.

Investors who are current long term investors in 360 DigiTech, Inc. (NASDAQ: QFIN) shares, have certain options and should contact the Shareholders Foundation at [email protected] or call +1(858) 779 – 1554.

The investigation by a law firm for current long term investors in NASDAQ: QFIN stocks follows a lawsuit filed against 360 DigiTech, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: QFIN stocks, concerns whether certain 360 DigiTech, Inc. directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Southern District of New York the plaintiff alleges that, the defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company had been collecting personal information in violation of relevant PRC laws and regulations; (ii) accordingly, 360 DigiTech was exposed to an increased risk of regulatory scrutiny and/or enforcement action; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.

Those who purchased shares of 360 DigiTech, Inc. (NASDAQ: QFIN) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

 

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