San Diego, CA -- (SBWIRE) -- 11/30/2020 -- A deadline is coming up on November 30, 2020 in the lawsuit filed for certain investors of Pintec Technology Holdings Limited (NASDAQ: PT).

Investors who purchased shares of Pintec Technology Holdings Limited (NASDAQ: PT) have certain options and there are strict and short deadlines running. Deadline: November 30, 2020. NASDAQ: PT stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The plaintiff alleges on behalf of purchasers of Pintec Technology Holdings Limited (NASDAQ: PT) common shares, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that the defendants failed to disclose to investors that the Company erroneously recorded revenue earned from certain technical service fee on a net basis, rather than a gross basis, that there were material weaknesses in Pintec's internal control over financial reporting related to cash advances outside the normal course of business to Jimu Group, a related party, and to a non-routine loan financing transaction with a third-party entity, Plutux Labs, that, as a result of the foregoing, the Company's financial results for fiscal 2017 and 2018 had been misstated, and that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

Those who purchased shares of Pintec Technology Holdings Limited (NASDAQ: PT) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, 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, investigation, and/or settlements are not filed/reached and/or 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.