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TIGR SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Reminds UP Fintech Holding Limited Investors of Securities Class Action Lawsuit Deadline on December 28, 2026

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TIGR SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Reminds UP Fintech Holding Limited Investors of Securities Class Action Lawsuit Deadline on December 28, 2026
Business

Business

TIGR SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Reminds UP Fintech Holding Limited Investors of Securities Class Action Lawsuit Deadline on December 28, 2026

2026-10-28 02:19 Last Updated At:02:20

NEW YORK--(BUSINESS WIRE)--Oct 27, 2026--

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against UP Fintech Holding Limited ("“UP Fintech Holding Limited” or the “Company”) (NASDAQ: TIGR) and reminds investors of the December 28, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261027644801/en/

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) UP Fintech materially understated its legal and regulatory risk, considering its continued illegal activity in China, and (2) as a result, Defendants' statements about UP Fintech's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

On May 22, 2026, before the market opened, Reuters published an article entitled "China to crack down on 'illegal' cross-border securities," reporting that China announced a major crackdown on cross-border investment and that online brokers Tiger, Futu and Longbridge would be penalised for soliciting business in China without an onshore licence; UP Fintech also filed a Form 6-K disclosing that the CSRC Beijing Bureau had imposed administrative penalties of approximately RMB308.1 million and confiscation of illegal income of approximately RMB103.1 million. On this news, UP Fintech ADSs fell $1.48 per ADS, or 25.3%, to close at $4.36 on May 22, 2026.

On June 2, 2026, before market open, the Company issued a press release reporting unaudited first quarter 2026 financial results and disclosing that the Beijing Bureau of the CSRC had issued administrative penalties and ordered the confiscation of illegal gains against certain subsidiaries of the Company, with a total amount of approximately RMB 411 million (equivalent to roughly $59.7 million), stemming from certain subsidiaries' unlicensed cross-border securities business and illegal activities relating to the fund and futures business in mainland China. On this news, UP Fintech ADSs fell $0.20 per ADS, or 3.86%, to close at $4.97 on June 2, 2026.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding UP Fintech Holding Limited’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the UP Fintech Holding Limited class action, go to www.faruqilaw.com/TIGR or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

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Frequently Asked Questions (FAQ) for Investors Regarding the UP Fintech Holding Limited Securities Class Action Lawsuit:

What is the UP Fintech Holding Limited securities fraud lawsuit about?

The lawsuit alleges that UP Fintech Holding Limited and certain of its officers and directors made materially false and misleading statements during the Class Period regarding the company's business, operations, and prospects. Specifically, the complaint alleges that Defendants materially understated UP Fintech's legal and regulatory risk in connection with its alleged continued illegal activity in China. The action further alleges that UP Fintech allegedly solicited business from Chinese investors without holding the required onshore license, and that certain subsidiaries allegedly engaged in unlicensed cross-border securities activity as well as illegal activities relating to the fund and futures business in mainland China. As a result of these alleged misstatements and omissions, investors allegedly purchased UP Fintech American Depositary Shares ("ADSs") at artificially inflated prices during the Class Period.

Who may be eligible to participate in the lawsuit?

Investors who purchased or otherwise acquired UP Fintech Holding Limited ADSs traded on NASDAQ under the ticker symbol "TIGR" between April 22, 2024 and June 2, 2026, inclusive, may be eligible to participate in this securities class action. Eligibility to participate in any potential recovery from the lawsuit is not limited to those who apply to serve as lead plaintiff; any class member who submits a valid proof of claim form may share in a recovery if one is obtained. Investors who believe they may be members of the proposed class are encouraged to review their trading records for transactions in TIGR securities during the Class Period. Consulting with legal counsel may help investors assess whether and how to participate in the action.

What is a lead plaintiff, and how can I seek appointment?

A lead plaintiff is a court-appointed class member who serves as the representative party on behalf of all similarly situated investors in a securities class action, and who works with counsel to direct the litigation in the interests of the class as a whole. Any investor who purchased UP Fintech ADSs during the Class Period may move the court to be appointed lead plaintiff, and that motion must be filed no later than the lead plaintiff deadline. Courts typically appoint the movant with the largest financial interest in the relief sought who otherwise satisfies the requirements of Rule 23 of the Federal Rules of Civil Procedure. Importantly, an investor need not seek appointment as lead plaintiff in order to be eligible to share in any recovery that may result from the lawsuit; class members who do not serve as lead plaintiff may still participate by submitting a proof of claim at the appropriate time.

Why should investors contact Faruqi & Faruqi, LLP?

Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased UP Fintech Holding Limited securities during the Class Period may contact the firm to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP ( www.faruqilaw.com ). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

TIGR SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Reminds UP Fintech Holding Limited Investors of Securities Class Action Lawsuit Deadline on December 28, 2026

TIGR SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Reminds UP Fintech Holding Limited Investors of Securities Class Action Lawsuit Deadline on December 28, 2026

DNA connects serial killer Ted Bundy to the death of another Utah teenager, authorities announced Tuesday, exactly 52 years after her body was discovered in the woods by a hunter.

Bundy has been dead since 1989, but the tally of his confirmed victims continues to grow due to advances in DNA testing. He killed at least 30 women and girls in multiple states in the 1970s, and many more escaped or survived with injuries.

Investigators are satisfied that Bundy was responsible for killing 17-year-old Melissa Ann Smith in 1974, a death that had long been listed as a cold case, Summit County Attorney Margaret Olson said at a news conference.

They were able to close the case by making crucial connections with DNA found on Smith and Laura Aime, another Bundy victim whose case was resolved last April in Utah County. Bundy's DNA was on file in Florida, where he was convicted and ultimately executed.

Besides that evidence, Smith’s death showed hallmarks of Bundy’s “pattern, motive, means and opportunity,” Olson said.

Utah's state crime lab got new technology in 2023 that extracts DNA from samples even if they are small, degraded from age or contain DNA from multiple people.

“This case demonstrates the importance of preserving evidence,” said Salt Lake County Sheriff Rosie Rivera, whose department has also investigated homicides linked to Bundy.

“We have to solve these cases to the best of our ability,” she said, explaining the importance of tapping science, even so many years later. "Nobody is just going to walk away and just blame everything on Ted Bundy, even though many cases have been that way. Here in the state of Utah, we take it very seriously.”

Smith's relatives were contacted about the findings but declined to attend the news conference and declined to speak to reporters, the Summit County Sheriff's Office said.

“With every case closure, may we stomp the memory of Ted Bundy out,” Utah County Sgt. Mike Reynolds said.

Bundy was executed by electric chair in Florida for the 1978 murders of two women at the Chi Omega sorority house at Florida State University.

He gave a series of confessions in his final days, including to some crimes that were previously unknown to police. Not all of those cases have been confirmed.

Besides Florida and Utah, authorities said Bundy had victims in Colorado, Idaho and Washington state. They said they're especially working to solve the 1974 death of 16-year-old Nancy Wilcox of Utah.

Solving the Smith homicide “does not close the book on Ted Bundy,” said Det. Ben Pender of the Salt Lake County Sheriff's Office, which has the Wilcox investigation. “Information kind of leads to Ted Bundy but again we're not for certain on Nancy Wilcox. We're going to continue to work that case."

FILE - Ted Bundy smiles during the second day of jury selection for his murder trial in a Dade County courtroom in Miami, June 27, 1979. (AP Photo, Pool, File)

FILE - Ted Bundy smiles during the second day of jury selection for his murder trial in a Dade County courtroom in Miami, June 27, 1979. (AP Photo, Pool, File)

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