Berger Montague Investigates Allegations of Securities Fraud Against 360 DigiTech, Inc. (QFIN); The lead applicant deadline is September 13, 2021

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Philadelphia, Pa .– (Newsfile Corp. – July 29, 2021) – Berger Montague is investigating allegations of securities fraud against 360 DigiTech, Inc. (“360 DigiTech” or the “Company”). The Firm is investigating these claims on behalf of investors who purchased 360 DigiTech securities (NASDAQ: QFIN) between April 30, 2020 and July 7, 2021 (the “Class Period”).

If you purchased DigiTech 360 securities during the Class Period, wish to discuss Berger Montague’s investigation, or have any questions regarding your rights or interests, please contact Lawyers Andrew Abramowitz at [email protected] or (215) 875-3015, or Donnell Much at [email protected] or (215) 875-4667, or complete the form at www.bergermontague.com/360-digitech.

Whistleblowers: Anyone with non-public information regarding 360 DigiTech is encouraged to confidentially participate in the Berger Montague investigation or take advantage of the SEC’s whistleblower program. Under this program, whistleblowers who provide original information may receive rewards totaling up to thirty percent (30%) of recoveries obtained by the SEC. For more information, contact us.

360 DigiTech is a digital consumer credit platform operator in the People’s Republic of China. According to a recently filed lawsuit, the Company and its senior management misled investors and / or failed to disclose that 360 DigiTech collected personal information in violation of relevant PRC laws, thereby exposing the Company to increased regulatory control.

On July 8, 2021, reports circulated on social media that 360 DigiTech’s main product, the 360 ​​IOU app, had been pulled from major app stores. Following this news, the Company’s share price fell $ 7.12 per share, or more than 21%, to close at $ 26.02 on July 8, 2021.

Then, on July 9, 2021, Seeking Alpha reported that 360 DigiTech confirmed the removal of its 360 IOU app from the Android app store and quoted a 360 DigiTech spokesperson as saying that the company has ” submitted a new rectification plan and stepped up the whole process. “

The story continues

Berger Montague, with offices in Philadelphia, Minneapolis, Washington, DC and San Diego, has been a pioneer in securities class action litigation since its founding in 1970. Berger Montague has represented individual and institutional investors for over of five decades and acts as a senior advisor. in courts across the United States.

Contacts

Andrew Abramowitz, Senior Advisor Berger Montague (215) [email protected]

Donnell Much, partner Berger Montague (215) [email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/91573

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