INVESTOR ALERT: Pomerantz Law Firm Reminds Investors in Sina Corporation of Class Action Lawsuit and Upcoming Deadlines - SINA
Prnewswireยท2025-10-08 20:36
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? This action concerns the Defendants' fraudulent scheme to depress the value of Sina ordinary shares to avoid paying a fair price to Sina's shareholders in connection with a take-private acquisition by a buyer group controlled by Sina's Chief Executive Officer (the "Merger"). Defendants executed this scheme by misrepresenting and/or omitting material information within and from Sina's proxy materials in connection with the Merger that were necessary for sh ...