SINA DEADLINE TODAY: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Sina Corporation Investors to Secure Counsel Before Important November 18 Deadline in Securities Class Action - SINA
Newsfile·2025-11-19 02:59

Core Viewpoint - Rosen Law Firm is reminding investors of Sina Corporation about the upcoming November 18, 2025 deadline to join a securities class action related to the company's merger activities [1][2]. 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 out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must act by the November 18, 2025 deadline to serve as lead plaintiff, representing other class members [3][6]. - The lawsuit alleges that defendants engaged in a fraudulent scheme to depress the value of Sina's shares, misrepresenting material information necessary for shareholders to make informed decisions regarding the merger [5]. Group 2: Legal Representation - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions, as many firms may lack the necessary experience and resources [4]. - Rosen Law Firm has a history of successful settlements in securities class actions, including the largest settlement against a Chinese company, and has recovered hundreds of millions for investors [4]. Group 3: Case Specifics - The lawsuit claims that the defendants concealed the true value of Sina's investment in TuSimple, leading to an undervaluation of the shares during the merger, with the offer of $43.30 per share being significantly lower than the actual value [5].

SINA DEADLINE TODAY: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Sina Corporation Investors to Secure Counsel Before Important November 18 Deadline in Securities Class Action - SINA - Reportify