SINA Deadline Today: SINA Investors Have Opportunity to Lead Sina Corporation Securities Fraud Lawsuit

Core Viewpoint - Rosen Law Firm is reminding sellers of ordinary shares of Sina Corporation about the lead plaintiff deadline for a class action lawsuit 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 Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. Group 2: Allegations Against Defendants - 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 ordinary share offer during the merger [5]. - The defendants' statements regarding Sina's business and prospects were claimed to be materially false and misleading [5].