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ROSEN, TOP RANKED NATIONAL INVESTOR ATTORNEYS, Reminds Pintec Technology Holdings Limited Investors of Important Deadline in Securities Class Action; Encourages Investors with Losses in Excess of $100K to Contact Firm – PT

NEW YORK, Oct. 17, 2020 (GLOBE NEWSWIRE) — Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Pintec Technology Holdings Limited (NASDAQ:PT) pursuant and/or traceable to the registration statement issued in connection with Pintec’s October 2018 initial public offering (the “IPO”), of the important November 30, 2020 lead plaintiff deadline in the securities class action. The lawsuit seeks to recover damages for Pintec investors under the federal securities laws.

To join the Pintec class action, go to http://www.rosenlegal.com/cases-register-1608.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

According to the lawsuit, the registration statement was false and misleading and omitted to state material facts. Specifically, defendants failed to disclose to investors that: (1) Pintec erroneously recorded revenue earned from certain technical service fees on a net basis, rather than a gross basis; (2) there were material weaknesses in Pintec’s internal control …

Full story available on Benzinga.com

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