JinkoSolar(JKS) Prnewswire·2025-01-21 22:40Group 1 - JinkoSolar is under investigation for potential securities fraud and unlawful business practices involving its officers and directors [1] - On January 17, 2025, JinkoSolar reported preliminary unaudited financial results for 2024, estimating a net income decline of over 98%, with figures ranging from 80 million yuan to 120 million yuan (16.37 million) [2] - The company anticipates a full-year preliminary unaudited net loss attributable to shareholders between 750 million yuan and 1.05 billion yuan, indicating a decrease of 100.8% to 115.2% [2] - Following the financial news, JinkoSolar's American depositary receipt (ADR) price dropped by 21.24 per ADR on January 17, 2025 [2] Group 2 - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of recovering billions in damages for victims of securities fraud and corporate misconduct [3]