SHAREHOLDER ALERT: Pomerantz Advokatfirma investigates claims on behalf of investors in UP Fintech Holding Limited – TIGR
New York, New York–(Newsfile Corp. – January 7, 2023) – Pomerantz LLP is investigating claims on behalf of investors in UP Fintech Holding Limited (“UP Fintech” or the “Company”) TIGER. Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980.
The investigation concerns whether UP Fintech and some of its managers and/or board members have engaged in securities fraud or other illegal business practices.
[Click here for information about joining the class action]
On December 30, 2022, the China Securities Regulatory Commission issued a statement that UP Fintech had been conducting cross-border securities trading without the commission’s approval for years. In particular, the China Securities Regulatory Commission stated that “[UP Fintech’s] action has constituted illegal operation of securities business in accordance with the Securities Act and related regulations[.]”
On this news, UP Fintech’s share price fell sharply on 30 December 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris and Tel Aviv, is recognized as one of the premier firms in corporate, securities and antitrust litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action, Pomerantz pioneered securities class action litigation. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of victims of securities fraud, breach of fiduciary duty and corporate misconduct. The firm has recovered numerous multi-million dollar damages awards on behalf of class members. See www.pomlaw.com.
CONSULT:
Robert S. Willoughby
Pomerantz LLP
[email protected]
888-476-6529 ext. 7980
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