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SHAREHOLDER ALERT: QIWI JFU CLSK: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

Friday, 22 January 2021 02:30 PM

The Law Offices of Vincent Wong

Topic:
Lawsuits

NEW YORK, NY / ACCESSWIRE / January 22, 2021 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a loss you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff. There will be no obligation or cost to you.

Qiwi plc (NASDAQ:QIWI)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/qiwi-plc-loss-submission-form?prid=12371&wire=1
Lead Plaintiff Deadline: February 9, 2021
Class Period: March 28, 2019 - December 9, 2020

Allegations against QIWI include that: (1) Qiwi's internal controls related to reporting and record-keeping were ineffective; (2) consequently, the Central Bank of Russia would impose a monetary fine upon the Company and impose restrictions upon the Company's ability to make payments to foreign merchants and transfer money to pre-paid cards; and (3) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.

9F Inc. (NASDAQ:JFU)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/9f-inc-loss-submission-form?prid=12371&wire=1
Lead Plaintiff Deadline: March 22, 2021
Lawsuit on behalf of investors who purchased JFU securities: (1) pursuant and/or traceable to the registration statement and related prospectus issued in connection with the Company's August 14, 2019 initial public offering; and/or (2) between August 14, 2019 and September 29, 2020.

Allegations against JFU include that: (1) the purported value and benefits of the Company's financial institution partners and its tri-party cooperation business model did not in fact exist and/or were materially overstated, given that 9F and Property and Casualty Company Limited ("PICC") had been engaged in an ongoing contractual dispute regarding payment of service fees under their cooperation agreement; (2) the collectability of service fees owed to 9F by PICC under the cooperation agreement was in doubt and at serious risk of non-payment; (3) there was a significant risk that PICC would no longer provide credit insurance and guarantee protection to investors and institutional funding partners; (4) as a result of the foregoing, the Company's platform, business model, reputation and financial results had been materially impaired; and (5) as a result, Defendants' statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Cleanspark, Inc. (NASDAQ:CLSK)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/cleanspark-inc-loss-submission-form?prid=12371&wire=1
Lead Plaintiff Deadline: March 22, 2021
Class Period: December 31, 2020 - January 14, 2021

Allegations against CLSK include that: (1) that the Company had overstated its customer and contract figures; (2) that several of the Company's recent acquisitions involved undisclosed related party transactions; and (3) 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.

The Law Offices of Vincent Wong, Friday, January 22, 2021, Press release picture

To learn more contact Vincent Wong, Esq. either via email [email protected] or by telephone at 212.425.1140.

Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: [email protected]

SOURCE: The Law Offices of Vincent Wong

Topic:
Lawsuits
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