Sina Corporation Securities Fraud Lawsuit: A Call to Investors for Leadership

Join the Fight: Sina Corporation Securities Fraud Lawsuit

In an important reminder for investors, the Rosen Law Firm, a globally recognized advocate for investor rights, has issued a call to shareholders of Sina Corporation (NASDAQ: SINA) as potential plaintiffs in a significant securities fraud lawsuit. This notice particularly affects those who sold ordinary shares during the merger process between October 13, 2020, and March 22, 2021, dates that define the affected class period.

Why This Matters for Investors

Those who engaged in trading ordinary shares of Sina during the specified class period may have the opportunity to seek compensation without any out-of-pocket costs under a contingency fee arrangement. The deadline to act is fast approaching, with the court's first meeting on November 18, 2025, when investors can formally position themselves as lead plaintiffs. As lead plaintiffs, individuals will represent the interests of all class members and guide the lawsuit process on behalf of others who are similarly affected.

The Allegations Behind the Lawsuit

The crux of the lawsuit stems from allegations that Sina’s executives engaged in a fraudulent scheme designed to suppress the true value of the company's shares to avoid issuing a fair price during the merger. Assertions have been made that significant material information was either misrepresented or omitted in the company’s proxy materials, which was integral for shareholders to make informed decisions regarding their participation in the merger vote.

1. One of the primary allegations is that the company concealed the actual value of its investment in TuSimple, a critical component considered during the merger negotiation.
2. The merger offer, priced at $43.30 per ordinary share, significantly undervalued Sina's actual worth, riddled with misstatements by the defendants.
3. The lawsuit claims that such misleading statements severely distorted investors' understanding of Sina's business performance and future opportunities.

Once these realities surfaced in the marketplace, many investors reportedly experienced substantial financial losses, prompting the need for legal redress.

How to Participate

For those who traded within the class period and wish to join the lawsuit, the first step is to visit the Rosen Law Firm’s website at rosenlegal.com, or reach out directly to Phillip Kim, a key attorney involved in these proceedings. He can be contacted via their toll-free number at 866-767-3653 or emailed at [email protected].

Choose Your Counsel Wisely

Investors are encouraged to select legal counsel wisely, particularly firms with proven successes in navigating similar securities litigations. The Rosen Law Firm prides itself on its track record, having achieved notable settlements in liaison with securities class actions, particularly those involving international companies like Sina. With hundreds of millions of dollars recovered for clients over the years, they stand out in critical investor advocacy. In fact, in 2019, the firm secured over $438 million for their clients.

Conclusion

The opportunity for investor involvement is not merely about individual gain; it represents a collective effort to restore fairness and accountability within the market. A pronounced reminder rests for potential class members: until a class is certified, they are not considered represented by any counsel unless they specifically retain one. Investors may also opt to abstain from engagement at this juncture but need to understand that doing so may impact any future entitlements to recover losses.

As the November 18, 2025, deadline nears, affected investors must act timely to protect their interests. Follow updates from the Rosen Law Firm on platforms like LinkedIn, Twitter, and Facebook to remain informed about this pressing legal matter.