Investigating UP Fintech Holding Limited (TIGR)
Shareholder rights law firm Robbins LLP informs shareholders that it is investigating UP Fintech Holding Limited (NASDAQ: TIGR) for potential violations of federal securities laws pursuant to its March 2019 initial public offering (“IPO”). Fintech completed its IPO on March 20, 2019, selling 13 million American depository receipts at $8.00 a share and raising $104 million in proceeds. Since the IPO, Fintech’s share price has fallen sharply, and currently trades at $4.34, an almost 46% decline from Fintech’s IPO price. Fintech provides online brokerage services focusing on Chinese investors.