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Law
2 mins to read

Tiger Brokers owner hit with US class action

Claim against Nasdaq-listed UP Fintech follows regulatory action against company’s activities in its core China market.

UP Fintech chief executive Tianhua Wu.

Tim Hunter Fri, 23 Jun 2023

The parent company of New Zealand online sharebroker Tiger Brokers, UP Fintech, has been hit with an investor class action in the US this week alleging it had failed to properly disclose the risk of regulatory action against it in China.

The move follows a notice from the China Securities Regulatory

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Tim Hunter Fri, 23 Jun 2023
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Tags
Tiger Brokers UP Fintech Holding sharebroking China Nasdaq class actions Tianhua Wu

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