CLASS ACTION NOTICE: Berger Montague Advises Sina Corporation Investors to Inquire About a Securities Fraud Class Action

Core Viewpoint - A class action lawsuit has been filed against Sina Corporation on behalf of investors who sold shares during the period from October 13, 2020, to March 22, 2021, alleging that the company artificially depressed share value to avoid paying fair value during its go-private merger [1][3]. Group 1: Lawsuit Details - The lawsuit claims that critical information was withheld from proxy materials, preventing shareholders from making informed decisions [3]. - Allegations include that senior executives concealed the true value of Sina's investment in TuSimple, leading to a cash consideration that substantially undervalued the shares [4]. - Internal documents revealed during a related shareholder appraisal proceeding indicated that executives knowingly hid the investment's true value, resulting in shareholders receiving less than their shares were worth at the transaction's closing [5]. Group 2: Investor Information - Investors who sold SINA securities during the class period can seek to be appointed as lead plaintiff representatives by November 18, 2025 [2]. - The lawsuit is being led by Berger Montague PC, a law firm with extensive experience in securities class action litigation [7].