#United States #New York #Securities Fraud #Rosen Law Firm #Sina Corporation

Opportunity for Investors: Join the Class Action Lawsuit Against Sina Corporation

Recently, the Rosen Law Firm, recognized globally for protecting investor rights, has announced the initiation of a class action lawsuit on behalf of sellers of ordinary shares from Sina Corporation. This action specifically targets those who sold shares within the critical timeframe from October 13, 2020, to March 22, 2021, a period when substantial transactions coincided with the company’s merger activities.

What’s at Stake?

The lawsuit addresses serious allegations surrounding the manipulation of Sina’s share values. It claims that the defendants engineered a fraudulent scheme to artificially lower the value of the company’s ordinary shares to evade paying shareholders a fair price during the merger. By misrepresenting key financial data and excluding vital information from proxy materials, shareholders were misled, impacting their decisions significantly.

Key Concerns Raised:

1. Concealment of True Value: The lawsuit asserts that the defendants failed to reveal the actual value of Sina’s investment in TuSimple, which significantly affected the valuation during the merger.
2. Undervaluation of Shares: The offer price of $43.30 per ordinary share, provided as part of the merger deal, was allegedly substantially lower than the real worth of these shares.
3. Misleading Statements: Claims about Sina’s business prospects were found to be materially misleading, lacking a firm basis during the relevant timeframe.

Investors who sold their ordinary shares, particularly during this merger window, may now have a legal pathway to seek compensation without incurring out-of-pocket legal costs, thanks to a contingency fee arrangement proposed by Rosen Law Firm.

Steps to Take

To participate in this lawsuit and potentially become a lead plaintiff, affected investors are urged to take action promptly. The deadline to file as a lead plaintiff is November 18, 2025. Interested parties can either access the Rosen Law Firm's dedicated webpage or reach out directly to Phillip Kim, Esq., via phone or email for further assistance:

• - Phone: 866-767-3653
• - Email: [email protected]

Cautionary Notes

It’s important to note that no class has been certified yet. Investors are not automatically represented unless they engage their own legal counsel. Moreover, participation as a lead plaintiff is not obligatory for potential recovery in future settlements. Interested investors can remain passive class members if they choose to.

Why Choose Rosen Law Firm?

Investors are strongly encouraged to select legal representation with a proven track record in dealing with securities class actions. The Rosen Law Firm is a noted leader in this field, having claimed numerous major settlements, including the largest securities class action settlement against a Chinese corporation at that time. Their experience positions them well to negotiate and secure favorable outcomes for investors, as evidenced by their consistent ranking in the top tier of legal service providers for securities litigation since 2013.

In 2019, for instance, they successfully secured over $438 million in settlements for their clients. With accolades such as their founding partner, Laurence Rosen, being recognized as a leading figure in the plaintiff’s bar, investors can feel confident in their potential legal representation.

Stay updated with developments regarding the case by following Rosen Law Firm on LinkedIn, Twitter, or Facebook. Remember, attorney advertising rules apply, and previous results do not guarantee similar future outcomes.

If you believe you’re affected by this situation, taking prompt action could lead to significant benefits for your investment interests.