ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages UP Fintech Holding Limited Investors to Request Securities Class Action
NEW YORK, 19 May 2023 /PRNewswire/ —
WHY: The Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of UP Fintech Holding Limited (NASDAQ: TIGR ) arising from allegations that UP Fintech may have issued materially misleading business information to the investing public.
SO WHAT: If you purchased UP Fintech securities, you may be entitled to compensation without payment of payouts or costs through a contingency fee arrangement. The Rosen law firm is preparing a class action to recover investor losses.
WHAT TO DO NEXT: To join the potential class action, go to or call Philip Kim, Esq. toll free at 866-767-3653 or email [email protected] or [email protected] for information about the class action.
WHAT IS THIS ABOUT: On 16 May 2023, UP Fintech issued a press release responding to the requirements of the China Securities Regulatory Commission (“CSRC”). The press release stated that “The Company will change its approach to updating user terminals for existing Chinese mainland clients and will remove the app ‘Tiger International’ from the Chinese mainland application market as of 18 May 2023to complete the remedial work with satisfactory results.
On this news, the price of UP Fintech’s American Depository Receipts (“ADRs”) fell 7% to close at $2.64 per ADR on 16 May 2023.
WHY ROSEN LAW: We encourage investors to choose qualified advisors with success in leadership roles. Often, announcing firms do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise when choosing advice. The Rosen Law Firm represents investors worldwide, concentrating its practice in securities class actions and shareholder derivatives. The Rosen Law Firm has achieved the largest securities settlement ever against a Chinese company. The Rosen Law Firm was ranked #1 by ISS Securities Class Action Services for the number of class action securities settlements in 2017. The firm has been ranked in the top 4 every year since 2013 and has recovered hundreds of millions of dollars for investors. Only in 2019 did the company secure itself 438 million dollars for investors. In 2020, founder Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s lawyers have been recognized by Lawdragon and Super Lawyers.
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Contact information:
Laurence Rosen, Esq.
Philip Kim, Esq.
Rosen Law Firm, PA
275 Madison Avenue, 40th floor
New York, NY 10016
Phone: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
[email protected]
[email protected]
www.rosenlegal.com
SOURCE Rosen Law Firm, PA
