TIGR Shareholder Alert: UP Fintech Holding Limited Securities Class Action Lawsuit - Investors Should Contact SueWallSt

Investor Rights Alert: The lawsuit alleges UP Fintech kept running unlicensed securities, fund, and futures business in mainland China while its annual reports described CSRC rectification. TIGR purchasers may hold Exchange Act claims against the Company and two senior officers

NEW YORK, Nov. 10, 2026 (GLOBE NEWSWIRE) -- SueWallSt announces that a securities class action has been filed against UP Fintech Holding Limited (NASDAQ: TIGR). YOU MAY BE AFFECTED IF YOU purchased or acquired TIGR American Depositary Shares between April 22, 2024 and June 2, 2026, and lost money on your UP Fintech investment. Submit your information or contact Joseph E. Levi, Esq. at jlevi@SueWallSt.com or (888) SueWallSt.

TIGR ADSs closed at $5.84 before the May 22, 2026 regulatory disclosure and finished June 3, 2026 at $4.67. Lead plaintiff applications must be submitted by December 28, 2026.

Investor Rights Under the Exchange Act for TIGR Purchasers

The action alleges violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and SEC Rule 10b-5. These claims arise from UP Fintech's descriptions of its mainland China compliance. In practical terms, these provisions allow purchasers to seek damages for material misstatements and extend potential liability to the senior officers who allegedly controlled the Company's public filings.

Key Facts Defining TIGR Class Member Rights

• Purchase window: The proposed class covers persons and entities that acquired publicly traded UP Fintech securities on NASDAQ from April 22, 2024 through June 2, 2026, inclusive, and were damaged.
• Challenged filings: The complaint challenges Form 20-F annual reports filed on April 22, 2024, April 23, 2025, and April 24, 2026. Each carried Sarbanes-Oxley certifications from the Company's top two officers.
• Named defendants: UP Fintech, its Chief Executive Officer, and its Chief Financial Officer. The two officers are also charged as controlling persons under Section 20(a).
• Forum: The case is pending in the United States District Court for the District of New Jersey. The complaint points to the Company's Roseland subsidiary, TradeUP Securities Inc., and $5,120,000 in New Jersey taxes paid in 2025.
• Exclusions: Defendants, UP Fintech's officers and directors, their immediate families, and entities in which defendants held a controlling interest.
• Relief sought: Damages with interest, reasonable costs and expenses, and a jury trial.
  
  

The Alleged Rectification Gap Behind the Claims

The CSRC 1230 Notice of December 30, 2022 directed the Company to stop soliciting new mainland Chinese customers and opening new securities accounts for them. The Company's filings described cooperation with those requirements, but plaintiffs contend that UP Fintech's subsidiaries nonetheless kept conducting unlicensed cross-border securities business and illegal fund and futures activity in mainland China.

On May 22, 2026, the Company reported that the CSRC Beijing Bureau had imposed RMB 308.1 million in administrative penalties and confiscated RMB 103.1 million in illegal income. It also disclosed that mainland China retail clients accounted for approximately 10% of total client assets as of year-end 2025.

"The timeline raises important questions about when certain risks were known internally versus when they were disclosed to the investing public. TIGR purchasers who relied on filings describing CSRC cooperation, as the lawsuit alleges, have a right to seek accountability for the decline that followed." -- Joseph E. Levi, Esq.

Act now. Click here to learn more or call (888) SueWallSt.

WHY SUEWALLST: SueWallSt is powered by Levi & Korsinsky LLP. Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.

Frequently Asked Questions About the TIGR Lawsuit

Q: Who is eligible to join the TIGR investor lawsuit? A: Investors who purchased TIGR stock or securities between April 22, 2024 and June 2, 2026 and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses -- not on whether you still hold the shares.

Q: How much did TIGR stock drop? A: On May 22, 2026, the stock fell a sharp $1.48 per ADS, roughly a decline of 25.3% following the Company's disclosure that the CSRC Beijing Bureau found its subsidiaries had conducted unlicensed cross-border securities business in mainland China and imposed penalties and confiscations totaling approximately RMB 411.2 million, and continued after first quarter 2026 results reflecting those charges. Investors who purchased shares during the Class Period at allegedly artificially inflated prices and suffered losses may be eligible to seek compensation.

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 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 happens after I submit my information? A: Your trading history will be reviewed at no cost for an initial assessment of your potential eligibility.

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 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 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.
33 Whitehall Street, 27th Floor
New York, NY 10004
jlevi@SueWallSt.com
Tel: (888) SueWallSt
Fax: (212) 363-7171

Attorney Advertising. Prior results do not guarantee similar outcomes.