UP Fintech Faces Securities Class Action Over TIGR Stock Claims
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 operator of 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 class representative.
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The lawsuit, filed in New York, seeks to recover damages against the defendants, though the firm's announcement did not specify the precise allegations underlying the claims or the dollar amount of losses alleged. Securities class actions of this type typically center on allegations that a company or its executives made materially false or misleading statements that artificially affected the stock price.
UP Fintech Holding is a China-based online brokerage that primarily serves Chinese investors seeking access to US and Hong Kong equity markets. The company has traded on the Nasdaq exchange since 2019. Shareholders who believe they suffered losses during the defined class period are encouraged to contact the law firm ahead of the filing deadline to discuss their potential claims.
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