NEW YORK, NY / ACCESSWIRE / May 19, 2023 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of UP Fintech Holding Limited ("UP Fintech" or "the Company") (NASDAQ:TIGR). Investors who purchased UP Fintech securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/tigr.
The investigation concerns whether UP Fintech has violated federal securities laws.
On May 16, 2023, the Wall Street Journal published an article entitled "Two Trading Apps That Allowed Chinese Citizens to Invest Overseas Get Pulled From China." The article reported that "Futu Holdings and Up Fintech Holding, known as Tiger Brokers, are planning to remove apps from online stores in China that allow their customers to trade stocks overseas," with UP Fintech planning to "remove its trading platform from app stores in mainland China starting Friday." On this news, UP Fintech's American depositary receipt ("ADR") price fell $0.21 per ADR, or 7.37%, to close at $2.64 per ADR on May 16, 2023.
If you are aware of any facts relating to this investigation or purchasedUP Fintech shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/tigr. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits. The firm has recovered hundreds of millions of dollars for investors nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
212-697-6484 | [email protected]
SOURCE: Bronstein, Gewirtz & Grossman, LLC