UP Fintech Faces Securities Class Action Over TIGR Stock Claims
A law firm has filed a class action against UP Fintech Holding, targeting investors who bought TIGR shares over a two-year period.
A New York-based law firm has filed a securities class action lawsuit against UP Fintech Holding Limited, the company behind the Tiger Brokers trading platform listed on the Nasdaq under the ticker TIGR, according to an announcement released Thursday.
Bronstein, Gewirtz & Grossman, LLC is urging investors who purchased TIGR securities between April 22, 2024, and June 2, 2026, to come forward, as they may be eligible to recover financial losses stemming from the alleged misconduct outlined in the complaint. The lead plaintiff deadline is set for December 28, 2026.
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The lawsuit seeks damages against the defendants, though specific allegations regarding the nature of the claimed misstatements or omissions were not detailed in the initial announcement. Shareholders who suffered losses during the defined class period are encouraged to contact the firm to discuss their potential legal options.
Securities class actions of this type typically allege that a company or its executives made materially false or misleading statements that artificially affected a stock's price, causing harm to investors who bought shares during the inflated period. UP Fintech, headquartered in Beijing, operates an online brokerage primarily serving Chinese investors seeking access to U.S. and global markets.
Investors with questions about eligibility or the claims process are advised to consult directly with the law firm ahead of the December deadline. Continue reading at All Financial Services & Investing.
