San Diego, CA -- (SBWire) -- 03/11/2022 --Sea Limited is under investigation over potential securities laws violations in connection with certain financial statements.
Investors who purchased shares of Sea Limited (NYSE: SE), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by Sea Limited regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Singapore based Sea Limited, together with its subsidiaries, engages in the digital entertainment, e-commerce, and digital financial service businesses in Southeast Asia, Latin America, rest of Asia, and internationally.
On February 14, 2022, Bloomberg reported that "India has banned 54 apps it says are of Chinese origin, including Sea Ltd.'s marquee game Free Fire, citing security concerns."
Shares of Sea Limited (NYSE: SE) declined from $231.21 per share on January 3, 2022, to as low as $111.50 per share on February 24, 2022.
Those who purchased shares of Sea Limited (NYSE: SE) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
NYSE:SE Shareholder Notice: Investigation over Possible Violations of Securities Laws at Sea Limited
An investigation for investors in Sea Limited (NYSE:SE) shares over potential securities laws violations by Sea Limited was announced.