{"success":true,"data":{"pressRelease":{"id":"168610","rtpr_id":"nGNX2Mb1s0-20261014","ticker":"QFIN","exchange":"NASDAQ","all_tickers":["QFIN","3660"],"title":"$QFIN Investors: A Securities Fraud Class Action is Pending on behalf of Qfin Holdings Investors that Lost Money after 18% Stock Drop – Contact BFA Law by November 27 Deadline","author":"Globe Newswire","published_at":"2026-10-14T10:47:00.259Z","article_body":"NEW YORK, Oct. 14, 2026 (GLOBE NEWSWIRE) -- Leading securities law\nfirm Bleichmar Fonti & Auld LLP\n(https://www.globenewswire.com/Tracker?data=WbBpbosic_o77jQcB8dw-06-LN1u3gIhTPlQpTqHQXy5NCDdYgZ6XoUSaVQFovOcBVlo6eo3SFP3lp0eTA1H5ywHvMPgd_VSIiQjygt-pxzQYXv5NopjdT8-3_8K8jQPoWCfnfArhNRtPa6sTKRe7g==)\nannounces that a class action lawsuit has been filed against Qfin Holdings,\nInc. (NASDAQ:QFIN) and certain of the company’s senior executives for\nsecurities fraud after a significant stock drop resulting from potential\nviolations of the federal securities laws.\n\nIf you invested in Qfin, you are encouraged to obtain additional information\nby visiting: https://www.bfalaw.com/cases/qfin-class-action-lawsuit.\n\nKey Details of the Qfin ($QFIN) Class Action:\n* Lead Plaintiff Deadline: November 27, 2026\n* Alleged Misconduct: Securities fraud alleging Qfin misrepresented the true\nscope and severity of the negative impact that regulatory headwinds were\nhaving on its business and financial results\n* Stock Drop: August 26, 2026 – 18.9% Stock Drop\n* Court: U.S. District Court for the Eastern District of New York\n* Action: Contact BFA Law\n(https://www.bfalaw.com/cases/qfin-class-action-lawsuit) to discuss your\nrights\nInvestors have until November 27, 2026 to ask the Court to be appointed to\nlead the case. The complaint asserts securities fraud claims under Sections\n10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors\nin Qfin securities. The class action is pending in the U.S. District Court for\nthe Eastern District of New York. It is captioned Kassam v. Qfin Holdings,\nInc. et al., No. 26-cv-6024.\n\nWhy is Qfin Being Sued for Securities Fraud?\n\nQfin has been sued for securities fraud following a significant stock drop\nresulting from alleged violations of the federal securities laws. The declines\nin Qfin’s stock price caused significant losses to investors.\n\nQfin, together with its subsidiaries, operates a purported AI driven credit\ntechnology platform under the Qifu Jietiao brand in the People’s Republic of\nChina (“PRC”). Qfin provides credit-driven services that match borrowers\nwith financial institutions.\n\nAccording to the complaint, Qfin stated that its business was able to adapt\nand thrive in response to recent and emerging PRC regulations. Defendants\nstated Qfin’s business was “resilient,” “steady,” and “stable”\nin the face of these regulations. Defendants also stated that Qfin had\n“proactive” strategies and policies designed to improve, and which were\npurportedly already improving, Qfin’s risk performance.\n\nAs alleged, Defendants overstated the resiliency and stability of Qfin’s\nbusiness and financial results despite regulatory changes. Defendants also\ndownplayed the true scope and severity of the negative impact that regulatory\nheadwinds were already having on the company’s business and financial\nresults.\n\nWhy did Qfin’s Stock Drop?\n\nOn August 25, 2026, Qfin issued its Q2 and interim 2026 unaudited financial\nresults. Qfin revealed that total net revenue fell 31.6% year-over-year, net\nincome plummeted 76.8% year-over-year, and issued disappointing financial\nguidance. Qfin revealed that its results were impacted by “a challenging\nmarket environment” including “continued industry contraction, tighter\nregulatory oversight, and a sudden industry-wide liquidity shock in late\nJune[.]”\n\nOn this news, Qfin’s American Depositary Shares dropped $2.18 per ADS, or\n18.9%, from a closing price of $11.53 per ADS on August 25, 2026, to $9.35 per\nADS on August 26, 2026.\n\nClick here for more information:\nhttps://www.bfalaw.com/cases/qfin-class-action-lawsuit.\n\nWhat Can You Do?\n\nIf you invested in Qfin, you may have legal options and are encouraged to\nsubmit your information to the firm.\n\nAll representation is on a contingency fee basis; there is no cost to you.\nShareholders are not responsible for any court costs or expenses of\nlitigation. The firm will seek court approval for any potential fees and\nexpenses.\n\nSubmit your information by visiting:\n\nhttps://www.bfalaw.com/cases/qfin-class-action-lawsuit\n\nOr contact:\nAdam McCall\nadam@bfalaw.com\n212.789.3619\n\nWhy Bleichmar Fonti & Auld LLP?\n\nBFA is a leading international law firm representing plaintiffs in securities\nclass actions and shareholder litigation. It has been named a top plaintiff\nlaw firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have\nbeen named “Elite Trial Lawyers” by the National Law Journal,\n“Litigation Stars” by Benchmark Litigation, among the top “500 Leading\nPlaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’\nBar” by Law360, and “SuperLawyers” by Thomson Reuters.\n\nMost recently, The Legal 500 awarded BFA the most client satisfaction\naccolades of any plaintiff’s securities litigation law firm, with clients\nnoting: “[t]here is no better service provider in the practice area,”\n“[t]he interest of the client is always front and center,” and “[t]here\nisn’t a better firm in this space.”  One testimonial described the firm\nas “nimble and entrepreneurial,” with a “relentless focus on adding\nvalue for clients.”\n\nBFA’s notable successes include a recovery of over $900 million in value\nfrom Tesla, Inc.’s Board of Directors, as well as $420 million from Teva\nPharmaceutical Ind. Ltd.\n\nFor more information about BFA and its attorneys, please visit\nhttps://www.bfalaw.com.\n\nhttps://www.bfalaw.com/cases/qfin-class-action-lawsuit\n\nAttorney advertising. Past results do not guarantee future outcomes.\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/44a256cf-d470-4d8a-af6b-dbb1b5bbb11e)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX2Mb1s0-20261014","title":"$QFIN Investors: A Securities Fraud Class Action is Pending on behalf of Qfin Holdings Investors that Lost Money after 18% Stock Drop – Contact BFA Law by November 27 Deadline","author":"Globe Newswire","ticker":"QFIN","created":"2026-10-14T10:47:00.259Z","tickers":["QFIN","3660"],"exchange":"NASDAQ","article_body":"NEW YORK, Oct. 14, 2026 (GLOBE NEWSWIRE) -- Leading securities law\nfirm Bleichmar Fonti & Auld LLP\n(https://www.globenewswire.com/Tracker?data=WbBpbosic_o77jQcB8dw-06-LN1u3gIhTPlQpTqHQXy5NCDdYgZ6XoUSaVQFovOcBVlo6eo3SFP3lp0eTA1H5ywHvMPgd_VSIiQjygt-pxzQYXv5NopjdT8-3_8K8jQPoWCfnfArhNRtPa6sTKRe7g==)\nannounces that a class action lawsuit has been filed against Qfin Holdings,\nInc. (NASDAQ:QFIN) and certain of the company’s senior executives for\nsecurities fraud after a significant stock drop resulting from potential\nviolations of the federal securities laws.\n\nIf you invested in Qfin, you are encouraged to obtain additional information\nby visiting: https://www.bfalaw.com/cases/qfin-class-action-lawsuit.\n\nKey Details of the Qfin ($QFIN) Class Action:\n* Lead Plaintiff Deadline: November 27, 2026\n* Alleged Misconduct: Securities fraud alleging Qfin misrepresented the true\nscope and severity of the negative impact that regulatory headwinds were\nhaving on its business and financial results\n* Stock Drop: August 26, 2026 – 18.9% Stock Drop\n* Court: U.S. District Court for the Eastern District of New York\n* Action: Contact BFA Law\n(https://www.bfalaw.com/cases/qfin-class-action-lawsuit) to discuss your\nrights\nInvestors have until November 27, 2026 to ask the Court to be appointed to\nlead the case. The complaint asserts securities fraud claims under Sections\n10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors\nin Qfin securities. The class action is pending in the U.S. District Court for\nthe Eastern District of New York. It is captioned Kassam v. Qfin Holdings,\nInc. et al., No. 26-cv-6024.\n\nWhy is Qfin Being Sued for Securities Fraud?\n\nQfin has been sued for securities fraud following a significant stock drop\nresulting from alleged violations of the federal securities laws. The declines\nin Qfin’s stock price caused significant losses to investors.\n\nQfin, together with its subsidiaries, operates a purported AI driven credit\ntechnology platform under the Qifu Jietiao brand in the People’s Republic of\nChina (“PRC”). Qfin provides credit-driven services that match borrowers\nwith financial institutions.\n\nAccording to the complaint, Qfin stated that its business was able to adapt\nand thrive in response to recent and emerging PRC regulations. Defendants\nstated Qfin’s business was “resilient,” “steady,” and “stable”\nin the face of these regulations. Defendants also stated that Qfin had\n“proactive” strategies and policies designed to improve, and which were\npurportedly already improving, Qfin’s risk performance.\n\nAs alleged, Defendants overstated the resiliency and stability of Qfin’s\nbusiness and financial results despite regulatory changes. Defendants also\ndownplayed the true scope and severity of the negative impact that regulatory\nheadwinds were already having on the company’s business and financial\nresults.\n\nWhy did Qfin’s Stock Drop?\n\nOn August 25, 2026, Qfin issued its Q2 and interim 2026 unaudited financial\nresults. Qfin revealed that total net revenue fell 31.6% year-over-year, net\nincome plummeted 76.8% year-over-year, and issued disappointing financial\nguidance. Qfin revealed that its results were impacted by “a challenging\nmarket environment” including “continued industry contraction, tighter\nregulatory oversight, and a sudden industry-wide liquidity shock in late\nJune[.]”\n\nOn this news, Qfin’s American Depositary Shares dropped $2.18 per ADS, or\n18.9%, from a closing price of $11.53 per ADS on August 25, 2026, to $9.35 per\nADS on August 26, 2026.\n\nClick here for more information:\nhttps://www.bfalaw.com/cases/qfin-class-action-lawsuit.\n\nWhat Can You Do?\n\nIf you invested in Qfin, you may have legal options and are encouraged to\nsubmit your information to the firm.\n\nAll representation is on a contingency fee basis; there is no cost to you.\nShareholders are not responsible for any court costs or expenses of\nlitigation. The firm will seek court approval for any potential fees and\nexpenses.\n\nSubmit your information by visiting:\n\nhttps://www.bfalaw.com/cases/qfin-class-action-lawsuit\n\nOr contact:\nAdam McCall\nadam@bfalaw.com\n212.789.3619\n\nWhy Bleichmar Fonti & Auld LLP?\n\nBFA is a leading international law firm representing plaintiffs in securities\nclass actions and shareholder litigation. It has been named a top plaintiff\nlaw firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have\nbeen named “Elite Trial Lawyers” by the National Law Journal,\n“Litigation Stars” by Benchmark Litigation, among the top “500 Leading\nPlaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’\nBar” by Law360, and “SuperLawyers” by Thomson Reuters.\n\nMost recently, The Legal 500 awarded BFA the most client satisfaction\naccolades of any plaintiff’s securities litigation law firm, with clients\nnoting: “[t]here is no better service provider in the practice area,”\n“[t]he interest of the client is always front and center,” and “[t]here\nisn’t a better firm in this space.”  One testimonial described the firm\nas “nimble and entrepreneurial,” with a “relentless focus on adding\nvalue for clients.”\n\nBFA’s notable successes include a recovery of over $900 million in value\nfrom Tesla, Inc.’s Board of Directors, as well as $420 million from Teva\nPharmaceutical Ind. Ltd.\n\nFor more information about BFA and its attorneys, please visit\nhttps://www.bfalaw.com.\n\nhttps://www.bfalaw.com/cases/qfin-class-action-lawsuit\n\nAttorney advertising. Past results do not guarantee future outcomes.\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/44a256cf-d470-4d8a-af6b-dbb1b5bbb11e)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-10-14T10:47:00.313188362Z","server_sent_at_ms":1791974820313},"received_at":"2026-10-14T10:47:00.411Z","source_url":null},"analysis":{"id":"156876","press_release_id":"168610","analysis_json":{"industry":{"label":"Consumer Finance","sector":"Financials"},"redFlags":["pending securities fraud class action against QFIN and senior executives","18.9% single-day stock drop following Q2 2026 results","disclosed 31.6% YoY revenue decline and 76.8% YoY net income decline with disappointing guidance"],"eventType":"legal_litigation","narrative":"A securities fraud class action (Kassam v. Qfin Holdings, Inc., No. 26-cv-6024) is pending against Qfin Holdings and senior executives in the U.S. District Court for the Eastern District of New York, with a lead plaintiff deadline of November 27, 2026.\n\nThe complaint alleges Qfin misrepresented the severity of PRC regulatory headwinds; the release follows an 18.9% stock drop after Q2 results showed net revenue down 31.6% and net income down 76.8% year-over-year.\n\nThe notice itself is law-firm solicitation (Bleichmar Fonti & Auld) and contains no new issuer disclosure; treat as low-signal noise beyond confirming the litigation exists.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintiff-firm class-action solicitation for QFIN -- suppress; underlying litigation risk already reflected in August stock drop."},"keyFigures":{"revenueYoy":"-31.6%","customDimensions":{"net_income_yoy":"-76.8%","stock_drop_pct":"18.9%","prior_close_ads":11.53,"post_drop_close_ads":9.35,"stock_drop_usd_per_ads":"$2.18","lead_plaintiff_deadline":"November 27, 2026"}},"quotedText":"Qfin revealed that total net revenue fell 31.6% year-over-year, net income plummeted 76.8% year-over-year, and issued disappointing financial guidance.","namedEntities":{"people":[{"name":"Adam McCall","role":"BFA Law contact attorney"}],"products":["Qifu Jietiao"],"companies":[{"name":"Qfin Holdings, Inc.","ticker":"QFIN","relationship":"defendant issuer"},{"name":"Bleichmar Fonti & Auld LLP","relationship":"plaintiff law firm"}],"dollarAmounts":[{"amount":"$2.18","context":"per-ADS stock drop on August 26, 2026"},{"amount":"$11.53","context":"closing price per ADS on August 25, 2026"},{"amount":"$9.35","context":"closing price per ADS on August 26, 2026"},{"amount":"$900 million","context":"BFA's cited prior recovery from Tesla's Board"}]},"materialImpact":{"score":1,"reasoning":"Plaintiff law-firm solicitation by Bleichmar Fonti & Auld announcing a pending class action and soliciting lead plaintiffs. No new issuer disclosure; litigation was already known in substance from the August 2026 earnings drop."},"tickerRelevance":{"others":[],"primary":"QFIN"},"globalImportance":12,"audienceRelevance":18,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"mid-cap ADR","eventGravity":"law-firm-solicitation","issuerAuthored":false,"underlyingLitigationNote":"class action filed but release is plaintiff-firm marketing"}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"A securities fraud class action (Kassam v. Qfin Holdings, Inc., No. 26-cv-6024) is pending against Qfin Holdings and senior executives in the U.S. District Court for the Eastern District of New York, with a lead plaintiff deadline of November 27, 2026.\n\nThe complaint alleges Qfin misrepresented the severity of PRC regulatory headwinds; the release follows an 18.9% stock drop after Q2 results showed net revenue down 31.6% and net income down 76.8% year-over-year.\n\nThe notice itself is law-firm solicitation (Bleichmar Fonti & Auld) and contains no new issuer disclosure; treat as low-signal noise beyond confirming the litigation exists.","key_figures":{"revenueYoy":"-31.6%","customDimensions":{"net_income_yoy":"-76.8%","stock_drop_pct":"18.9%","prior_close_ads":11.53,"post_drop_close_ads":9.35,"stock_drop_usd_per_ads":"$2.18","lead_plaintiff_deadline":"November 27, 2026"}},"named_entities":{"people":[{"name":"Adam McCall","role":"BFA Law contact attorney"}],"products":["Qifu Jietiao"],"companies":[{"name":"Qfin Holdings, Inc.","ticker":"QFIN","relationship":"defendant issuer"},{"name":"Bleichmar Fonti & Auld LLP","relationship":"plaintiff law firm"}],"dollarAmounts":[{"amount":"$2.18","context":"per-ADS stock drop on August 26, 2026"},{"amount":"$11.53","context":"closing price per ADS on August 25, 2026"},{"amount":"$9.35","context":"closing price per ADS on August 26, 2026"},{"amount":"$900 million","context":"BFA's cited prior recovery from Tesla's Board"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:5c812bd9e28b810d","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-14T10:47:06.333Z","global_importance":12,"audience_relevance":18,"importance_components":{"tickerTier":"mid-cap ADR","eventGravity":"law-firm-solicitation","issuerAuthored":false,"underlyingLitigationNote":"class action filed but release is plaintiff-firm marketing"}},"durationMs":5896,"modelName":"glm-5.3-flashx"}}