Rosen Law Firm Investigates Possible Class Action for Tungray Technologies Investors

Investigation of Tungray Technologies Inc Securities



The Rosen Law Firm, renowned for its commitment to investor rights, is launching an investigation into potential securities class action claims for shareholders of Tungray Technologies Inc (NASDAQ: TRSG). Allegations suggest that the company may have provided materially misleading business information and financial statements to the investing public, which has raised concerns among investors.

Background of the Investigation


On December 31, 2024, Tungray Technologies submitted a current report via Form 6-K to the U.S. Securities and Exchange Commission. In this report, the company's Board of Directors determined that their financial statements for the years ending December 31, 2023, 2022, and 2021, as outlined in their Annual Report on Form 20-F, were no longer reliable. This disclosure has created unrest among current and potential investors, prompting a closer examination of the facts surrounding these disclosures.

The legal team at Rosen Law Firm points out that investors who purchased shares of Tungray Technologies during this tumultuous time may have the right to seek compensation. Under a contingency fee arrangement, there will be no upfront costs, allowing affected investors to pursue justice without the immediate financial burden.

How to Participate in the Class Action


Interested investors who may be part of this suit are encouraged to step forward. To join the prospective class action, they can visit the Rosen Law Firm website or directly reach out to their legal team. They can fill out a form found at https://rosenlegal.com/submit-form/?case_id=32968 or contact Phillip Kim, Esq., at 866-767-3653. Email inquiries can also be sent to [email protected]. This is a crucial step for those who want to recover their losses due to the alleged actions of Tungray Technologies.

Why Choose Rosen Law Firm?


Rosen Law Firm takes pride in its extensive experience in handling securities class actions. The firm has established a reputation for excellence, having achieved the largest securities class action settlement against a Chinese company. It was ranked first by ISS Securities Class Action Services based on the number of settlements in 2017 and has consistently remained in the top ranks since 2013. With hundreds of millions recovered for investors, Rosen Law Firm aims to provide robust legal support for its clients. For instance, in 2019, the firm successfully secured over $438 million for investors, showcasing its dedication and effectiveness in this specialized legal area.

Laurence Rosen, the founding partner, received recognition from Law360 as a Titan of the Plaintiffs' Bar in 2020, emphasizing the firm's credibility and commitment to investor advocacy.

Conclusion


The ongoing investigation by Rosen Law Firm into Tungray Technologies Inc serves as a critical reminder for investors to remain vigilant and proactive regarding their rights. Investors seeking to join the class action or gather more information should act promptly to secure their right to compensation. Rosen Law Firm continues to actively pursue justice on behalf of shareholders and stands ready to assist in this complex financial situation. For the latest updates, follow them on LinkedIn, Twitter, or Facebook.

Remember, prior results do not guarantee a similar outcome, and seeking qualified legal counsel is essential for any investor navigating the securities market challenges.

Topics Financial Services & Investing)

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