#None #Class Action #Levi Korsinsky #Qfin Holdings

Important Notice for Qfin Holdings Investors

Levi & Korsinsky, LLP, a firm renowned for its expertise in securities litigation, has prompted Qfin Holdings, Inc. (NASDAQ: QFIN) investors to be aware of a pending class action lawsuit. This action pertains to American depositary shares (ADSs) that were purchased between March 18, 2026, and August 25, 2026. Investors who bought shares during this period may possess claims under U.S. federal securities law, particularly if they suffered financial losses due to Qfin's performance disclosures.

Background of the Class Action

On August 25, 2026, Qfin reported significant declines in its quarterly performance, showing a 31.6% drop in revenue and a staggering 76.8% decrease in net income year-over-year. This sharp decline included an unexpected RMB 500 million tax expense, contributing to a further downward adjustment in its financial forecasts. The lawsuit filed in the United States District Court for the Eastern District of New York alleges that Qfin, and its management failed to adequately inform investors of the impact of Chinese regulatory changes on their business, leading to inflated stock prices prior to the report.

The stock price of Qfin ADSs fell to $9.35 on August 26, down $2.18 or 18.91% from the previous day, signaling to investors the seriousness of the claims. Each ADS represents two Class A ordinary shares, translating to a lost value of approximately $1.09 per share for those who purchased during the affected period.

Call to Action for Investors

Joseph E. Levi, the managing partner of Levi & Korsinsky, emphasizes that investors who acquired the ADSs on U.S. exchanges are entitled to accurate information, regardless of Qfin's foreign incorporation. The deadline for submitting lead plaintiff applications is set for November 27, 2026. Interested investors are encouraged to act promptly to safeguard their rights and pursue potential damages for losses incurred due to the alleged misrepresentations.

Eligibility to Join the Lawsuit

Investors who bought Qfin securities during the class period and experienced financial losses are eligible to participate in the lawsuit. It's worth noting that continued ownership of the shares is not a prerequisite for seeking participation in the claims. Those interested should gather proof of their purchases, including dates, quantities, and prices paid, to prepare for filing potential claims.

What Steps Should Investors Take?

1. Assess Your Purchases: Review your brokerage records for purchases made within the specified period.
2. Contact Legal Counsel: Potential plaintiffs should reach out to Levi & Korsinsky for a no-cost assessment of their eligibility and further guidance on how to proceed.
3. Stay Informed: It's crucial to remain updated on the lawsuit's developments and next steps, especially concerning the timeline until resolution which could span two to four years.

No Need for Court Appearances

Investors should be aware that they typically will not need to appear in court or provide depositions for the class action. Most class members will engage by submitting a claim form if a settlement is reached or recovery awarded. The legal team will handle the bulk of the proceedings.

Conclusion

As the lead plaintiff deadline for the Qfin class action lawsuit approaches, investors are encouraged to take immediate action to protect their rights. Levi & Korsinsky is prepared to guide affected shareholders through the process, ensuring that they are aware of their options and eligibility criteria. For further information and assistance, investors can reach out at (212) 363-7500 or via email at [email protected].