openPR Logo
Press release

Investigation announced for Investors who lost money with shares of UP Fintech Holding Limited (NASDAQ: TIGR)

04-29-2023 04:24 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of investors in UP Fintech Holding Limited (NASDAQ: TIGR) shares over potential wrongdoing.

An investigation on behalf of investors in UP Fintech Holding Limited (NASDAQ: TIGR) shares over potential wrongdoing.

An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at UP Fintech Holding Limited.

Investors who purchased shares of UP Fintech Holding Limited (NASDAQ: TIGR) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain UP Fintech Holding Limited officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

China based UP Fintech Holding Limited provides online brokerage services focusing on Chinese investors. UP Fintech Holding Limited reported that its annual Total Revenue rose from $138.49 million in 2020 to $264.48 million in 2021, and that its Net Income declined from $16.06 million in 2020 to $14.69 million in 2021.

On December 30, 2022, the China Securities Regulatory Commission issued a statement that UP Fintech had for years operated cross-border securities trading businesses without the commission's approval. Specifically, the China Securities Regulatory Commission stated that "[UP Fintech's] act has constituted illegal operation of securities business according to the Securities Law and related regulations[.]"

Shares of UP Fintech Holding Limited (NASDAQ: TIGR) declined from $5.79 per share on December 05, 2022, to $2.84 per share on April 25, 2023.

Those who purchased shares of UP Fintech Holding Limited (NASDAQ: TIGR) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Investigation announced for Investors who lost money with shares of UP Fintech Holding Limited (NASDAQ: TIGR) here

News-ID: 3035512 • Views:

More Releases from Shareholders Foundation

Investigation announced for Investors in FMC Corporation (NYSE: FMC) over potential Wrongdoing
Investigation announced for Investors in FMC Corporation (NYSE: FMC) over potent …
An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of FMC Corporation. Investors who are current long term investors in FMC Corporation (NYSE: FMC) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm for current long term investors in NYSE: FMC stocks follows a lawsuit filed against FMC Corporation over
Investigation announced for Long-Term Investors who lost money with Advance Auto Parts, Inc. (NYSE: AAP)
Investigation announced for Long-Term Investors who lost money with Advance Auto …
An investigation was announced for long-term investors in shares of Advance Auto Parts, Inc. (NYSE: AAP) concerning potential breaches of fiduciary duties by certain directors of Advance Auto Parts, Inc. Investors who are current long term investors in Advance Auto Parts, Inc. (NYSE: AAP) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm for current long
Investigation announced for Investors in Treace Medical Concepts, Inc. (NASDAQ: TMCI) over potential Wrongdoing
Investigation announced for Investors in Treace Medical Concepts, Inc. (NASDAQ: …
An investigation was announced over potential breaches of fiduciary duties by certain directors at Treace Medical Concepts, Inc. Investors who purchased shares of Treace Medical Concepts, Inc. (NASDAQ: TMCI) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm concerns whether certain Treace Medical Concepts, Inc. directors breached their fiduciary duties and caused damage to the company and its
Deadline on May 20th coming up in Lawsuit for Investors in the Chemours Company (NYSE: CC)
Deadline on May 20th coming up in Lawsuit for Investors in the Chemours Company …
A deadline is coming up on May 20, 2024 in the lawsuit filed for certain investors of The Chemours Company (NYSE: CC) over alleged securities laws violations by The Chemours Company. Investors who purchased shares of The Chemours Company (NYSE: CC) have certain options and there are strict and short deadlines running. Deadline: May 20, 2024. NYSE: CC stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 -

All 5 Releases


More Releases for Fintech

Artificial Intelligence in Fintech Market
AI is expanding the development of Fintech Companies and taking care of human issues, by increasing efficiency. AI helps Fintech companies in resolving human problems, by enhancing efficiency. AI improves results by applying various methods derived from the various aspects of Human Intelligence at a beyond human scale. In the finance industry, AI is used to examine cash accounts, credit accounts, and investment accounts to look at a person's overall
BW Festival Of Fintech: A Comprehensive Fintech Colloquy
Business World’s Festival of Fintech is a two-day informative summit that will inform, illustrate and recognize the changes in the dynamic Fintech industry. Business World brings forth Festival of Fintech, an exclusive conclave on Fintech innovation and growth on the 12th and 13th of February, 2021. The event will include expert panels and an industry award ceremony that recognizes excellence in all the ambits of the Fintech field. The
Fintech Investment Market: Here’s Why 2020 Could Be Another Strong Year for Fi …
Global Fintech Investment Market research report presents a comprehensive overview, market shares, and growth opportunities of Fintech Investment market by product type, application, key manufacturers and key regions and countries. This report offers comprehensive analysis on global Fintech Investment market along with, market trends, drivers, and restraints of the Fintech Investment market. This report includes a detailed competitive scenario and product portfolio of key vendors ZhongAn (China), Oscar, Wealth front,
Fintech Company Cloudasset wins the “Most Revolutionary Fintech of The Year 20 …
Nordic Future Digital Finance Forum’s 8th edition was held in Valkoinen Sali, Helsinki on 22-23 October. The two-day event brought together hundreds of professionals from all around Europe including Fintechs, banks, investors and regulators. As part of the event Helsinki Fintech Farm organised the Revolutionary Fintech of the Year final with the objective of identifying the most innovative and scalable company of 2019. The search for candidates started in August
Bouchard Fintech
Information provided by Bouchard Fintech The US, at least this current administration, has mystified its European Union business and political partners. The EU represents one of the very largest economies on the planet. The EU is also very much a trusted ally of the US. The EU market continues to be a fertile ground for US exports. So, it was quite a surprise that the US seemed to be picking a
Rising Digital Connectivity and Cheaper FinTech Services to Drive the US FinTech …
Digital connectivity, faster payment options, lower customer acquisition costs through referrals on the social networks have all contributed to the growth and innovation in the FinTech in the US. The FinTech market has increased in terms of the transactional value from 2010 to 2015 at a CAGR of 24.5% during 2010-2015. Digital payment segment (consisting of digital commerce, mobile wallets and P2P money transfers) was by far the most revenue