Case: Jianpu Technology Inc.
Venue: Southern District of New York
Class Period: 5/29/2018 - 2/16/2021
Lead Plaintiff Deadline: 4/19/2021
Contact: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

NEW YORK, NY – March 8, 2021 – Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors of Jianpu Technology Inc. (“Jianpu” or the “Company”) (NYSE:  JT).  A complaint has been filed on behalf of investors who purchased Jianpu American Depositary Shares (“ADSs”) between May 29, 2018 and February 16, 2021 (the “Class Period”).

On February 16, 2021, Jianpu announced that an Audit Committee review found "certain transactions involved third-party agents . . . with undisclosed relationships, and some transactions lacked business substance. . . .”  Jianpu also advised that, "certain revenue and associated expenses were inflated or inaccurately recorded" in financial statements for fiscal years 2018 and 2019, and that "certain employees improperly altered supporting documents that were provided to the Company's external auditor."  Jianpu concluded that "the previously issued audited financial statements for the fiscal year 2018 and the auditor's report can no longer be relied upon" and would be restated, and that "investors must exercise caution when using the Company's previously announced unaudited financial information for the fiscal year 2019." 

Following this news, Jianpu’s ADSs fell $0.60 per ADS, or 13.22%, to close at $3.94 per ADS on February 16, 2021.

If you are a member of the proposed Class, you may move the court no later than April 19, 2021 to serve as a lead plaintiff for the purported class.  You need not seek to become a lead plaintiff in order to share in any possible recovery.  If you would like to discuss the complaint or our investigation, please contact us by emailing This e-mail address is being protected from spambots. You need JavaScript enabled to view it or by calling (646) 315-9003.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Kaplan Fox & Kilsheimer LLP, with offices in New York, San Francisco, Los Angeles, Chicago and New Jersey, has many years of experience in prosecuting investor class actions. For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at www.kaplanfox.com.  If you have any questions about this Notice, your rights, or your interests, please contact:

Donald R. Hall
KAPLAN FOX & KILSHEIMER LLP
850 Third Avenue, 14th Floor
New York, New York 10022
(646) 315-9003
E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1560
Oakland, California 94612
(415) 772-4704
Fax:  (415) 772-4707
E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it





NEW YORK, NY – February 19, 2021 – Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors of CleanSpark, Inc. (“CleanSpark” or the “Company”) (NASDAQ: CLSK).  A complaint has been filed on behalf of investors who purchased CleanSpark securities between December 31, 2020 and January 14, 2021 (the “Class Period”).

On January 14, 2021, Culper Research published a report entitled "Cleanspark (CLSK): Back to the Trash Can."  According to the Culper Research report, “CleanSpark’s promotional charade has spanned marijuana, clean energy, “SaaS”, electric vehicles, and, most recently, bitcoin.”

According to the complaint, the Culper Research report claims that CleanSpark has "fabricated key elements of its business, including purported customers and contracts" and that the Company is also "rife with undisclosed related party transactions."  For example, the Culper Research report alleges the entire February 2020 acquisition of p2k Labs, Inc. is “another undisclosed related party transaction, as CleanSpark’s CFO Lori Love is found on p2k’s corporate documents since at least November 2018, well before joining CleanSpark and the p2k acquisition.”  Further, the report alleges that “[i]n effect, CleanSpark appears to have purchased the side business of its CFO, with zero relevance to the Company’s supposed clean energy mission.” 

Following this news, CleanSpark's stock price fell $3.63 per share, or 9.23%, to
close at $35.71 per share on January 14, 2021.

If you are a member of the proposed Class, you may move the court no later than March 22, 2021 to serve as a lead plaintiff for the purported class.  You need not seek to become a lead plaintiff in order to share in any possible recovery.  If you would like to discuss the complaint or our investigation, please contact us by emailing This e-mail address is being protected from spambots. You need JavaScript enabled to view it or by calling (646) 315-9003

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Kaplan Fox & Kilsheimer LLP, with offices in New York, San Francisco, Los Angeles, Chicago and New Jersey, has many years of experience in prosecuting investor class actions. For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at www.kaplanfox.com.  If you have any questions about this Notice, your rights, or your interests, please contact:

Donald R. Hall

KAPLAN FOX & KILSHEIMER LLP
850 Third Avenue, 14th Floor
New York, New York 10022
(646) 315-9003
E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1560
Oakland, California 94612

(415) 772-4704
Fax:  (415) 772-4707
E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it