TOP Financial (US:TOP) Newsfileยท2025-11-15 02:50Core Points - Rosen Law Firm is reminding investors of Sina Corporation about the November 18, 2025 deadline to join 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 - Investors who sold 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 those wishing to serve as lead plaintiff must act by November 18, 2025 [3] - The lawsuit alleges that defendants created a fraudulent scheme to depress the value of Sina's shares to avoid paying a fair price during the merger [5] Group 2: Allegations Against Defendants - The 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 share significantly undervalued Sina's ordinary 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 settlement against a Chinese company and being ranked No. 1 for securities class action settlements in 2017 [4] - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4]