#United States #New York #Rosen Law Firm #Tungray Technologies #TRSG

Rosen Law Firm Launches Investigation into Tungray Technologies Inc

In recent developments, the Rosen Law Firm, a renowned entity in the field of investor rights, has initiated investigations concerning potential securities claims on behalf of shareholders of Tungray Technologies Inc (NASDAQ: TRSG). This scrutiny arises from serious allegations indicating that Tungray Technologies may have disseminated materially misleading information regarding its business activities, which could impact its investors significantly.

Background on Tungray Technologies

On December 31, 2024, Tungray Technologies disclosed a report to the U.S. Securities and Exchange Commission (SEC) via Form 6-K. The report indicated that the company’s Board of Directors, after recommendations from the Audit Committee and discussions with management, decided that financial statements from the years ending December 31, 2023, 2022, and 2021 should not be relied upon. As a result, any related documents, including press releases and investor communications that previously outlined the Company's financial outlook, were also invalidated.

Importance of the Investigation

The implications of these findings are profound. Investors who acquired shares of Tungray Technologies while arguably relying on these misleading reports might be entitled to recover their losses. The Rosen Law Firm emphasizes that no out-of-pocket fees will be necessary for those wishing to join the class action, as they operate on a contingency fee basis. This model ensures investors can reclaim their losses without financial burden during the process.

How to Participate in the Class Action

For investors affiliated with Tungray Technologies who are interested in participating in the forthcoming class action lawsuit, they can easily reach out for more information. Interested parties are encouraged to either visit Rosen Law Firm's official website or contact Phillip Kim, Attorney at Law, toll-free at 866-767-3653. Alternatively, inquiries can also be directed via email to [email protected]

The Rosen Law Firm's Credentials

The Rosen Law Firm boasts a stellar reputation in handling securities class actions. Historically, the firm has prevailed in numerous high-profile cases, including the largest securities class action settlement against a Chinese company at that time. The firm has consistently ranked among the top firms in terms of securities class action settlements and has been recognized for recovering hundreds of millions of dollars for investors.

Laurence Rosen, the founding partner of the firm, was acknowledged by Law360 as a leading figure in the plaintiffs' bar, which contributes to the firm's credibility and success in navigating complex securities litigation. The firm’s attorneys are recognized by services such as Lawdragon and Super Lawyers for their legal prowess, further ensuring investors they are in capable hands.

Conclusion

The investigation into Tungray Technologies Inc serves as a critical reminder of investor vigilance in the face of corporate disclosures. The Rosen Law Firm encourages all shareholders who feel aggrieved by misleading information to take proactive steps in seeking justice. With their extensive experience and record of success, the firm stands ready to advocate for investors' rights while steering them through the complexities of securities claims.

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