TIGR UPCOMING DEADLINE: Levi & Korsinsky Alerts UP Fintech Holding Limited Stockholders of Securities Class Action - Contact the Firm

Time-Sensitive: Allegations Focus on Rectification and Regulatory Risk Representations. The lawsuit asserts that the online brokerage understated its mainland China regulatory risk and overstated its CSRC compliance progress before TIGR shares fell roughly 25% in one session.

NEW YORK, Nov. 11, 2026 /PRNewswire/ -- TIGR INVESTOR ALERT -- Levi & Korsinsky, LLP alerts investors in UP Fintech Holding Limited (NASDAQ: TIGR) of a pending securities class action. Class Period: April 22, 2024 through June 2, 2026. Check if you might be eligible to recover your investment losses or contact Joseph E. Levi, Esq. at [email protected] or (212) 363-7500.

TIGR shares slid more than 30% in U.S. premarket trade on May 22, 2026, and closed down approximately 25% that day. The decline followed the Company's disclosure of Chinese regulatory penalties of roughly RMB 308.1 million, plus confiscation of roughly RMB 103.1 million in income that regulators deemed illegal. The Court has set December 28, 2026 as the deadline to apply for lead plaintiff appointment.

What Management Allegedly Represented About CSRC Rectification

The Company's 2023 annual report, filed April 22, 2024, stated that it had been actively cooperating with the CSRC and would use "best efforts" to satisfy the CSRC 1230 Notice. Its 2024 and 2025 annual reports contained substantially similar disclosures. The filings cited the May 18, 2023 removal of the "Tiger International" app from the PRC application market. Regarding a 2016 rectification notice, they stated: "We believed that we had taken necessary measures."

The lawsuit asserts that these statements understated legal and regulatory risk and overstated rectification efforts in light of allegedly continued illegal activity in China. The Company later announced that the CSRC Beijing Bureau had found that certain subsidiaries conducted unlicensed cross-border securities business and illegal fund and futures activities in mainland China.

Cross-Border Brokerage Enforcement Trends in Mainland China

• Formal notice: The December 2022 CSRC 1230 Notice ordered the Company to stop soliciting new mainland customers and opening new accounts for them.
• Licensing rules: CSRC brokerage measures effective February 28, 2023 require overseas firms to obtain approval before conducting securities business in mainland China.
• Sector crackdown: On May 22, 2026, the CSRC and seven other agencies announced action against unlicensed overseas brokers. Reuters reported that peers Futu and Longbridge would also be penalized.
• Client exposure: Mainland China retail client assets were approximately 10% of the Company's total client assets at the end of 2025.

Why Regulatory Risk Adequacy Allegedly Matters to Online Brokerage Investors

The action claims that shareholders relied on management's account of rectification progress when valuing a broker whose mainland exposure, as alleged, carried greater regulatory risk than disclosed. That alleged gap sits at the center of the Section 10(b) and Rule 10b-5 claims.

"Investors deserve transparency about material risks that could affect their investments, especially after a company has already received regulatory notices about its mainland China business. The complaint alleges that UP Fintech's annual reports portrayed cooperative rectification while unlicensed activity continued, and shareholders are entitled to examine whether those representations were accurate." -- Joseph E. Levi, Esq.

Learn more about the case or call (212) 363-7500.

ABOUT LEVI & KORSINSKY, LLP — Over the past 20 years, Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders. The firm has extensive expertise in complex securities litigation and a team of over 70 employees. For seven consecutive years, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report. Investors who suffered losses have until December 28, 2026 to seek appointment as lead plaintiff.

Frequently Asked Questions About the TIGR Lawsuit

Q: What specific misstatements does the TIGR lawsuit allege? A: The complaint alleges UP Fintech Holding Limited made materially false or misleading statements during the Class Period regarding its legal and regulatory risk in mainland China and its efforts to rectify prior CSRC findings. When the CSRC Beijing Bureau's penalties against certain subsidiaries for unlicensed cross-border securities business were disclosed, the stock price declined sharply.

Q: When did UP Fintech allegedly mislead investors? A: The Class Period runs from April 22, 2024 to June 2, 2026. The complaint alleges that corrective disclosures revealed information that caused a significant stock decline.

Q: What court was the TIGR class action filed in? A: The case was filed in the United States District Court for the District of New Jersey, governed by the Private Securities Litigation Reform Act of 1995.

Q: What do TIGR investors need to do right now? A: Investors may gather brokerage records showing purchase dates, share quantities, and prices paid. Submit your information for a no-cost, no-obligation evaluation of your potential recovery. No immediate action is required to remain eligible as an absent class member.

Q: What is a lead plaintiff and why does it matter? A: A lead plaintiff is the investor appointed by the court to represent the entire class. Lead plaintiffs are typically investors with the largest documented losses. Being appointed does not increase individual recovery but gives direct oversight of how the case is run.

Q: What if I live outside the United States? A: U.S. securities class actions generally cover purchases on U.S. exchanges regardless of the investor's country of residence.

Q: What if I already sold my TIGR shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought during the Class Period and sold at a loss may still be eligible to participate.

Q: What does it cost me to participate? A: There is no upfront cost to submit your information and review whether you may be eligible to recover. Should you choose to participate in the securities class action, they are generally handled on a contingency basis, with any attorneys' fees and expenses subject to court approval.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171

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SOURCE Levi & Korsinsky, LLP