The Rosen Law Firm, P.A. announced on August 13, 2026, that it is continuing its investigation into potential securities claims on behalf of shareholders of UP Fintech Holding Limited (NASDAQ: TIGR). The firm is encouraging investors who suffered losses to inquire about joining the prospective class action, alleging that UP Fintech issued materially misleading business information to the public regarding its exposure to regulatory risks in China.

Investors may be entitled to compensation through a contingency fee arrangement, meaning no out-of-pocket fees or costs are required to participate in the lawsuit. The firm emphasized its track record, noting it has achieved the largest ever securities class action settlement against a Chinese company and was ranked No. 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017. In 2019 alone, the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar.

Regulatory Context and Market Impact

The investigation stems from a Reuters report published on May 22, 2026, titled "China to crack down on 'illegal' cross-border securities." The report detailed that Chinese authorities announced a major crackdown on cross-border investment, targeting brokers accused of illegally moving money to foreign markets. The Chinese securities regulator specifically named online brokers Tiger, Futu, and Longbridge for soliciting business in China without an onshore license.

Following this announcement, shares of Futu and Tiger parent UP Fintech Holding fell more than 30% in U.S. premarket trade before closing with a 25.3% drop. The regulatory action targeted brokers facilitating unauthorized capital flows to foreign markets, directly impacting UP Fintech Holding Limited’s operational viability under new Chinese regulations.

To join the prospective class action, interested investors are directed to contact Phillip Kim, Esq., at The Rosen Law Firm or visit the firm’s website for further information.

Rosen Law Firm is investigating potential securities claims on behalf of shareholders of UP Fintech Holding Limited (NASDAQ: TIGR) following a significant decline in the company's share price. The investigation centers on allegations that the company issued materially misleading business information to the investing public, potentially causing investor losses amid regulatory scrutiny in China. Shareholders who purchased UP Fintech securities may be entitled to compensation through a contingency fee arrangement, meaning they would not pay out-of-pocket fees or costs if they join the prospective class action.

The probe was triggered by a Reuters article published on May 22, 2026, titled "China to crack down on ‘illegal’ cross-border securities." The report detailed China's announcement of a major crackdown on cross-border investment, stating that regulators would punish brokers accused of illegally moving money to foreign markets. Specifically, the article noted that online brokers Tiger, Futu, and Longbridge faced penalties for soliciting business in China without an onshore license. This news sent shares in Futu and Tiger parent UP Fintech Holding plunging more than 30% in U.S. premarket trade.

Following the publication of the report, UP Fintech's American Depositary Shares (ADS) fell 25.3% on May 22, 2026. This sharp decline forms the basis for the potential securities class action lawsuit being prepared by Rosen Law Firm. The firm is seeking recovery of investor losses resulting from these alleged misstatements and market reactions.

Key Dates and Figures

Investors are encouraged to select qualified counsel with a proven track record in securities class actions. Rosen Law Firm highlights its experience, noting it has achieved the largest ever securities class action settlement against a Chinese company. In 2017, the firm was ranked No. 1 by ISS Securities Class Action Services for the number of securities class action settlements and has recovered billions of dollars for investors since 2013. In 2019 alone, the firm secured over $438 million for investors.

Phillip Kim, Esq., at Rosen Law Firm, advises investors to act promptly to protect their rights. Those wishing to join the class action can visit the firm's website or contact Phillip Kim toll-free at 866-767-3653 or via email at case@rosenlegal.com . The firm represents investors globally, concentrating its practice in securities class actions and shareholder derivative litigation.