9F stock settlement in ADS class action awaits court approval
Published on 11/03/2026 at 02:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSSettlement awaits court approval
- 9F entered into the settlement agreement on October 16, 2026, resolving previously disclosed federal class-action claims tied to ADS transactions.
- The agreement was filed with the court on October 21 and does not admit fault, liability or wrongdoing.
- 9F operates technology services for financing and consumption industries in China and overseas.
9F Inc. announced on October 23, 2026, that the parties in a previously disclosed U.S. class action had reached a settlement agreement. The company said the agreement remains subject to the required court approvals, according to the 9F Inc. Form 6-K.
Settlement terms remain pending
The case, Holland v. 9F Inc. et al., was filed in 2021 in the United States District Court for the District of New Jersey. The court administratively terminated the action on April 8, 2026, while the parties pursued the settlement.
The parties entered into the agreement on October 16, 2026, and filed it with the court on October 21. Under its terms, the defendants and other released parties would receive a full release of claims arising from the allegations, transactions and facts connected with purchases or dispositions of 9F American depositary shares during the settlement class period.
The agreement expressly states that it is not an admission or concession that the claims had merit. It also does not constitute an admission of fault, liability or wrongdoing by any defendant.
Business remains China-focused
9F describes itself as an internet technology company providing services to the financing and consumption industries in China and overseas. Its activities include fintech technology services for financial institution partners, online wealth-management technology services, e-commerce services and consumer-financing technology expansion in Southeast Asia, according to the 9F investor relations overview.
9F Inc. at a glance
- Company: 9F Inc.
- ISIN: US65442R2085
- Ticker: JFU
- Exchange: Nasdaq
- Sector: Technology
- Industry: Information Technology Services
- Headquarters: Beijing, China
US equities remain the broader market context for investors following JFU through S&P 500 market reports.
For more company-specific coverage, see more news and analyses on 9F Inc. stock.
