Robbins LLP Is Investigating the Officers and Directors of Jianpu Technology Inc. (JT) on Behalf of Shareholders

Shareholder rights law firm Robbins LLP is investigating whether certain officers and directors of Jianpu Technology Inc. (JT) breached their fiduciary duties to shareholders. Jianpu operates an online platform that recommends credit cards and loans underwritten by Chinese subprime lenders to individual users.

On November 16, 2017, Jianpu held its initial public offering of American Depositary Shares at $8.00 per share. Just five days later, Chinese regulators banned the issuance of new online peer-to-peer licenses because of certain illegal practices by some of the same lenders doing business with Jianpu. On this news, Jianpu's stock dropped over 30% to close at $4.90 per share on November 24, 2017, and has yet to recover.

Jianpu Technology Inc. (JT) Shareholders Have Legal Options

Concerned shareholders who would like more information about their rights and potential remedies can please send us a message via the Shareholder Information form below.