#United States #New York #Investor Rights #Tungray Technologies #Tungray

Rosen Law Firm's Investigation of Tungray Technologies

The Rosen Law Firm, a prominent name in investor rights, has recently announced its investigation into possible securities claims concerning shareholders of Tungray Technologies Inc. (NASDAQ: TRSG). This step comes in the wake of allegations regarding the company’s release of materially misleading business information that could have impacted investor decisions.

Background of the Investigation

On December 31, 2024, Tungray Technologies filed a report with the U.S. Securities and Exchange Commission (SEC) on Form 6-K. This report revealed significant findings from the company's Board of Directors, which determined that the financial statements for the years concluded in 2023, 2022, and 2021 were no longer trustworthy. Investors have been advised that previous reports, press releases, earnings releases, and any communications that referred to these financials should similarly be disregarded. This revelation raises concerns about the integrity of the data previously shared with shareholders and the market at large.

Investor Rights and The Class Action

For those who purchased Tungray Technologies securities during the relevant timeframe, there may still be an avenue for recompense. Rosen Law Firm is preparing a class action lawsuit aiming to recover losses endured by investors. Notably, the legal representation does not require any out-of-pocket expenses from affected shareholders, as it operates on a contingency fee model. This approach ensures that investors can seek justice without financial barriers.

If you or someone you know is impacted, Rosen Law Firm urges you to join the prospective class action. Interested parties can reach out via their website or contact attorney Phillip Kim directly for further details.

Importance of Choosing Qualified Counsel

Rosen Law Firm emphasizes the necessity for investors to select skilled legal counsel with a proven track record in handling securities class actions. Many firms that issue notices may lack the necessary experience or resources, leading to less effective representation. The Rosen Law Firm prides itself on its achievements, having secured substantial settlements for investors in the past. They are recognized for having the largest securities class action settlement against a Chinese company at the time, as well as being consistently ranked among the top firms for recovering losses for investors.

In 2019, Rosen Law Firm managed to recuperate an impressive $438 million for investors, significantly showcasing their capabilities in the field. The firm extends its reach globally, indicating its influence and expertise in securities law.

Staying Updated

For those interested in staying informed about further developments regarding Tungray Technologies or investor rights in general, Rosen Law Firm encourages following them on their social media platforms such as LinkedIn, Twitter, and Facebook. Regular updates will provide investors with the latest information about ongoing investigations and legal developments.

Conclusion

In conclusion, the Rosen Law Firm's investigation into Tungray Technologies Inc. highlights the importance of transparency and accountability in corporate financial reporting. It also serves as a rallying call for affected investors to seek recourse through expert legal channels as they navigate the complex landscape of securities litigation.

For assistance in joining the class action or for more information on the investigation, reach out to Rosen Law Firm at (866) 767-3653 or visit their website at rosenlegal.com. Investor rights matter, and timely action is crucial.