Atlanta, Georgia–(Newsfile Corp. – February 17, 2021) – Holzer & Holzer, LLC is investigating whether Jianpu Technology Inc. (NYSE: JT) (“Jianpu or the “Company”) complied with federal securities laws. On February 16, 2021, Jianpu announced the results of a review by the independent audit committee members of its board of directors, which found “certain transactions involved third-party agents (including both upstream agents and downstream suppliers) with undisclosed relationships, and some transactions lacked business substance.” The Company “anticipates the total amount of overstated revenue for the fiscal years 2018 and 2019 to be approximately, RMB 90 million and RMB 164 million, respectively, representing approximately 4.5% and 10.1% of the total revenue previously reported.” The price of Jianpu’s stock fell following the announcement.

If you purchased shares of Jianpu and suffered a loss on that investment, you are encouraged to contact Corey D. Holzer, Esq. at [email protected] or Luke R. Kennedy, Esq. at [email protected], or by toll-free telephone at (888) 508-6832 to discuss your legal rights or at www.holzerlaw.com.

Holzer & Holzer, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey D. Holzer is the attorney responsible for its content.

CONTACT:

Corey D. Holzer, Esq.
(888) 508-6832 (toll-free)
[email protected]

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