ROSEN, A LONGSTANDING FIRM, Encourages Sina Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - SINA

Core Viewpoint - Rosen Law Firm is reminding sellers of ordinary shares of Sina Corporation about the upcoming lead plaintiff deadline for a class action lawsuit related to the merger that occurred between October 13, 2020, and March 22, 2021 [1] Group 1: Class Action Details - Sellers of Sina ordinary shares during the specified class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by November 18, 2025 [3] - Investors can join the class action by visiting the provided link or contacting the law firm directly for more information [6] Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time [4] - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4] - In 2019, the firm secured over $438 million for investors, showcasing its effectiveness in litigation [4] Group 3: Case Allegations - The lawsuit alleges that defendants engaged in a fraudulent scheme to depress the value of Sina ordinary shares to avoid paying a fair price during the merger [5] - Key allegations include the concealment of the true value of Sina's investment in TuSimple and the misleading nature of the $43.30 per share offer during the merger [5] - Defendants are accused of making materially false and misleading statements regarding Sina's business and prospects [5]