JFIN Investor Alert: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Jiayin Group Inc. and Encourages Investors to Contact the Firm
NEW YORK, NY / ACCESSWIRE / September 3, 2020 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Jiayin Group Inc. ("Jiayin" or "the Company") (NASDAQ:JFIN). Investors who purchased Jiayin securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/jfin.
The investigation concerns whether Jiayin and certain of its officers and/or directors have violated federal securities laws.
On September 2, 2020, Jiayin issued a press release announcing the Company's unaudited financial and operating results for the second quarter of 2020. Among other results, Jiayin reported revenue for the quarter of $34.7 million, missing consensus estimates by approximately $9.08 million. On this news, Jiayin's stock price fell $0.85 per share, or 22.67%, to close at $2.90 per share on September 2, 2020.
If you are aware of any facts relating to this investigation or purchased Jiayin ADRs, you can assist this investigation by visiting the firm's site: www.bgandg.com/jfin. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com
SOURCE: Bronstein, Gewirtz & Grossman, LLC
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