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      QFIN Shareholder Alert: Qfin Holdings, Inc. Securities Class Action Lawsuit - Investors With Losses May Contact Levi & Korsinsky

      Levi & Korsinsky, LLP

      News provided by

      Levi & Korsinsky, LLP

      Nov 11, 2026, 12:38 ET

      Share this article

      Share this article


      Important Information Regarding Section 20(a) Individual Liability Claims: Qfin's Class Period CEO and its CFO, who signed Sarbanes-Oxley certifications on the Company's 2025 annual report, face alleged personal liability as control persons for a $2.18-per-ADS investor loss.

      QFIN INVESTOR ALERT

      NEW YORK, Nov. 11, 2026 /PRNewswire/ -- Levi & Korsinsky, LLP alerts investors in Qfin Holdings, Inc. (NASDAQ: QFIN) that three senior executives, including the Company's CEO and CFO during the Class Period, are named as individual defendants in a pending securities class action. The action was brought on behalf of purchasers between March 18, 2026 and August 25, 2026. Find out if you may be eligible to recover losses or contact Joseph E. Levi, Esq. at [email protected] or (212) 363-7500.

      Qfin American depositary shares lost $2.18 each on August 26, 2026, an 18.91% one-session decline. The drop followed the Company's post-market second quarter report the prior evening. The complaint charges that the CEO and CFO bear Section 20(a) control person liability for that alleged investor harm alongside Qfin itself. To be considered for lead plaintiff, investors must file by November 27, 2026.

      CEO and CFO Named as Section 20(a) Control Persons

      Haisheng Wu served as Qfin's Chief Executive Officer throughout the Class Period and stepped down effective September 21, 2026. Alex Xu has served as Chief Financial Officer at all relevant times. The Company's Chief Risk Officer, who was appointed CEO effective the same date, is also named.

      The pleading asserts that these executives controlled the contents of Qfin's SEC filings, press releases, and market communications. It further asserts that they could have prevented or corrected the challenged statements.

      Alleged Control Person Liability

      • Wu and Xu were senior executives involved in discussing the effect of new PRC loan facilitation rules and window guidance on its business.
      • The lawsuit claims their positions gave them access to adverse facts that were not disclosed to the market.
      • Qfin allegedly failed to describe known regulatory trends as required by Item 303 of SEC Regulation S-K.
      • Through the Section 20(a) claim, plaintiffs seek to hold each executive personally responsible, together with Qfin, for the alleged Section 10(b) and Rule 10b-5 violations.

      Sarbanes-Oxley Certification Obligations

      Wu and Xu signed Sarbanes-Oxley certifications appended to Qfin's 2025 Form 20-F, which was filed April 27, 2026. In those certifications, they attested that the report contained no untrue statement of a material fact and fairly presented the Company's financial condition. As averred, that report nonetheless understated the regulatory pressure already bearing on Qfin's business.

      "Corporate officers have a duty to ensure their companies' public statements are accurate and complete. When a CEO and CFO personally certify an annual report, as the complaint alleges occurred here, shareholders reasonably expect that attestation to reflect what management knew about the regulatory pressure on Qfin." -- Joseph E. Levi, Esq.

      Submit your information to learn more or call (212) 363-7500.

      Levi & Korsinsky, LLP is a nationally recognized shareholder rights firm. Over the past 20 years, the firm has secured hundreds of millions of dollars for aggrieved shareholders. Ranked in ISS Top 50 for seven consecutive years.

      Frequently Asked Questions About the QFIN Lawsuit

      Q: What court was the QFIN class action filed in?A: The case was filed in the United States District Court for the Eastern District of New York, governed by the Private Securities Litigation Reform Act of 1995.

      Q: Who are the defendants named in the QFIN lawsuit?A: The complaint names Qfin Holdings, Inc. and individual defendants including senior executives who signed SEC filings, made public statements, or certified financial disclosures under Sarbanes-Oxley.

      Q: Who is eligible to join the QFIN investor lawsuit?A: Investors who purchased QFIN stock or securities between March 18, 2026 and August 25, 2026 and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses -- not on whether you still hold the shares.

      Q: What do QFIN investors need to do right now?A: Investors may gather brokerage records showing purchase dates, share quantities, and prices paid. Submit your information for a no-cost, no-obligation evaluation of your potential recovery. No immediate action is required to remain eligible as an absent class member.

      Q: What happens after I contact Levi & Korsinsky?A: An attorney will review your trading history at no cost and provide an initial assessment of your potential eligibility.

      Q: What if I already sold my QFIN shares -- can I still recover losses?A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought during the Class Period and sold at a loss may still be eligible to participate.

      Q: What if I live outside the United States?A: U.S. securities class actions generally cover purchases on U.S. exchanges regardless of the investor's country of residence.

      Q: What does it cost me to participate?A: There is no upfront cost to submit your information and review whether you may be eligible to recover. Should you choose to participate in the securities class action, they are generally handled on a contingency basis, with any attorneys' fees and expenses subject to court approval.

      CONTACT:
      Levi & Korsinsky, LLP
      Joseph E. Levi, Esq.
      Ed Korsinsky, Esq.
      33 Whitehall Street, 27th Floor
      New York, NY 10004
      [email protected]
      Tel: (212) 363-7500
      Fax: (212) 363-7171

      Attorney Advertising. Prior results do not guarantee similar outcomes.

      SOURCE Levi & Korsinsky, LLP

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