ROSEN, LEADING INVESTOR COUNSEL, Encourages Sina Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - SINA

Core Viewpoint - Rosen Law Firm is encouraging investors of Sina Corporation to secure legal counsel before the November 18, 2025 deadline for a securities class action related to the company's merger [2][3]. Group 1: Class Action Details - Investors who sold ordinary shares of Sina, particularly during the merger period from October 13, 2020, to March 22, 2021, may be eligible for compensation without any upfront costs through a contingency fee arrangement [3][4]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by November 18, 2025 [4][6]. Group 2: Allegations Against Defendants - The lawsuit alleges that the defendants engaged in a fraudulent scheme to lower the value of Sina's ordinary shares to avoid paying a fair price during the merger [6]. - 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, which significantly undervalued the shares [6]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company and consistently ranking among the top firms for securities class action settlements [5]. - In 2019, the firm secured over $438 million for investors, showcasing its capability and experience in handling such cases [5].