The lawsuit contends that Qfin leadership systematically overstated the company's financial resilience while downplaying the severity of negative regulatory impacts. According to the complaint, these omissions rendered public statements materially false, causing subsequent losses for shareholders when the true scope of the business headwinds emerged.
Those seeking to serve as lead plaintiff must file a motion with the court by November 30, 2026. While the firm is currently recruiting participants, no class has been certified yet. Investors retain the right to select their own counsel or remain absent class members without forfeiting their ability to participate in potential future recoveries. Interested parties may contact attorney Phillip Kim at 866-767-3653 or via the firm's website.
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