UP Fintech Faces Securities Class Action Over TIGR Shares
A New York law firm has filed a class action against UP Fintech Holding, targeting investors who bought TIGR shares over a two-year period.
A securities class action lawsuit has been filed against UP Fintech Holding Limited, the company behind the Tiger Brokers trading platform listed on Nasdaq under the ticker TIGR, law firm Bronstein Gewirtz & Grossman, LLC announced Thursday.
Investors who purchased TIGR securities between April 22, 2024, and June 2, 2026, may be eligible to recover losses, according to the firm. The lead plaintiff deadline is set for December 28, 2026, giving affected shareholders roughly two months to seek appointment as lead plaintiff in the case.
Read more Congress Control Hangs in Balance Ahead of November Vote →
The lawsuit, filed in New York, seeks to recover damages against the defendants on behalf of the proposed class. Bronstein Gewirtz & Grossman is encouraging investors who suffered losses during the specified period to contact the firm directly to discuss their legal options and potential eligibility to participate in the action.
Securities class actions of this type typically allege that a company or its executives made materially false or misleading statements that artificially affected the stock price during the class period, though investors should review the specific allegations as the case develops. UP Fintech, headquartered in Beijing, operates an online brokerage platform serving primarily Chinese investors seeking access to U.S.-listed securities.
Continue reading at All Financial Services & Investing.