SINA DEADLINE: ROSEN, NATIONAL TRIAL LAWYERS, Encourages Sina Corporation Investors to Secure Counsel Before Important November 18 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 in a securities class action related to the merger that occurred between October 13, 2020, and March 22, 2021 [1][2] 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] - The lawsuit alleges that defendants created a fraudulent scheme to depress the value of Sina ordinary shares to avoid paying a fair price during the merger [5] Group 2: Allegations Against Defendants - Defendants are accused of misrepresenting and omitting material information in Sina's proxy materials, which were necessary for shareholders to make informed decisions regarding the merger [5] - Specific allegations include the concealment of the true value of Sina's investment in TuSimple and that the merger offer of $43.30 per ordinary share significantly undervalued Sina's shares [5] Group 3: Rosen Law Firm's 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 and being ranked No. 1 for the number of settlements in 2017 [4] - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4]