UP Fintech Faces Class Action Over TIGR Securities Claims
A New York law firm has 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 online brokerage operator known for its Tiger Brokers platform and listed on Nasdaq under the ticker TIGR, 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 TIGR securities between April 22, 2024, and June 2, 2026. Affected shareholders have until December 28, 2026, to apply for lead plaintiff status in the case.
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The lawsuit names unspecified defendants and alleges conduct during the roughly two-year class period that caused investor losses, though the firm's announcement did not detail the specific allegations underpinning the claims. Securities class actions of this type are typically filed when investors allege that misleading statements or omissions artificially inflated or depressed a stock's price.
Investors who believe they suffered losses on TIGR shares during the defined class period are encouraged to contact Bronstein Gewirtz & Grossman directly to assess their potential eligibility. Lead plaintiff selection is a competitive process in which courts appoint the party with the largest financial interest in the litigation to represent the broader class.
UP Fintech, headquartered in Beijing, operates a commission-free trading platform primarily serving Chinese investors seeking access to U.S. and Hong Kong equity markets. The company has not publicly responded to the litigation as of the announcement date. Continue reading at All Financial Services & Investing.