NEW YORK, Jan. 4, 2023 /PRNewswire/ — Pomerantz LLP is investigating claims on behalf of traders of UP Fintech Holding Restricted (“UP Fintech” or the “Firm”) (NASDAQ: TIGR). Such traders are suggested to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980.
The investigation issues whether or not UP Fintech and sure of its officers and/or administrators have engaged in securities fraud or different illegal enterprise practices.
[Click here for information about joining the class action]
On December 30, 2022, the China Securities Regulatory Fee issued an announcement that UP Fintech had for years operated cross-border securities buying and selling companies with out the fee’s approval. Particularly, the China Securities Regulatory Fee said that “[UP Fintech’s] act has constituted unlawful operation of securities enterprise in line with the Securities Regulation and associated rules[.]”
On this information, UP Fintech’s share value fell sharply on December 30, 2022.
Pomerantz LLP, with workplaces in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of many premier corporations within the areas of company, securities, and antitrust class litigation. Based by the late Abraham L. Pomerantz, generally known as the dean of the category motion bar, Pomerantz pioneered the sector of securities class actions. At the moment, greater than 85 years later, Pomerantz continues within the custom he established, preventing for the rights of the victims of securities fraud, breaches of fiduciary obligation, and company misconduct. The Agency has recovered quite a few multimillion-dollar damages awards on behalf of sophistication members. See www.pomlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
[email protected]
888-476-6529 ext. 7980
SOURCE Pomerantz LLP
