November 16, 2021
A proposed class of investors has urged a New York federal judge to greenlight a $7.5 million cash deal with Jianpu Technology Inc. to settle claims that the online lending platform hid impending government regulations that could hurt its operations before its initial public offering.
September 28, 2020
A New York federal judge on Sunday said Beijing-based Jianpu Technology Inc. will have to face a proposed class action alleging it hid impending government regulations that could hurt its operations before its initial public offering.
September 20, 2019
The Beijing-based Jianpu Technology Inc. has told a New York federal judge that a stock-drop suit claiming it didn't disclose impending government regulations before launching its initial public offering is pleading a textbook case of "fraud by hindsight."
October 26, 2018
Beijing-based Jianpu Technology Inc. was hit with a proposed shareholder class action in New York federal court Thursday alleging it did not disclose impending Chinese government regulations to the peer-to-peer lending industry, which caused the company's share price to plummet days after launching its approximately $164.9 million initial public offering.