LOS ANGELES–(BUSINESS WIRE)–$TIGR #TIGR—The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of UP Fintech Holding Limited (“UP Fintech” or “the Company”) (NASDAQ: TIGR) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. UP Fintech suffered a drop in commissions due to an ongoing downtrend amongst risk-averse investors. The Company failed to manage the costs of its quick growth and raised profile of being listed on a U.S. exchange. The Company also had increased costs associated with headcount and benefits. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about UP Fintech, investors suffered damages.
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We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at [email protected].
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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