UP Fintech Faces Securities Class Action Over TIGR Shares
A New York law firm filed a class action against UP Fintech Holding, targeting investors who bought TIGR shares over a two-year window.
A securities class action lawsuit has been filed against UP Fintech Holding Limited, the company behind the Tiger Brokers trading platform, according to an announcement from Bronstein Gewirtz & Grossman, LLC. The New York-based law firm is seeking to recover damages on behalf of investors who purchased shares on the Nasdaq-listed stock under the ticker TIGR.
The case covers investors who bought UP Fintech securities between April 22, 2024, and June 2, 2026, a period of roughly two years. Those who suffered losses during that window may be eligible to participate in the class action and are being encouraged to contact the firm directly.
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The lead plaintiff deadline has been set for December 28, 2026, meaning eligible investors must act before that date to seek appointment as lead plaintiff in the case. Missing the deadline could limit an investor's ability to direct the litigation, though class members typically retain the right to participate in any eventual recovery regardless of whether they serve as lead plaintiff.
Class action securities suits of this type generally allege that a company or its executives made materially false or misleading statements that artificially affected the stock price, causing losses for ordinary shareholders when the truth emerged. The complaint specifically names defendants without detailing the full scope of alleged misconduct in the initial announcement.
UP Fintech Holding, headquartered in Beijing, operates an online brokerage platform primarily serving Chinese investors seeking access to U.S. and other international markets. The company has traded on Nasdaq since 2019. Continue reading at All Financial Services & Investing.
