SOS Limited : American Depositary Shares Securities Litigation

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Lawsuit Overview

Defendant:SOS Limited American Depositary Shares
Date Filed:March 30th, 2021
Industry:Finance: Consumer Services
Class Start Date:July 22nd, 2020
Class End Date:February 25th, 2021

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, the Complaint alleges Defendants made false and/or misleading statements and/or failed to disclose that: (i) SOS had misrepresented the true nature, location, and/or existence of at least one of the principal executive offices listed in its SEC filings; (ii) HY and FXK were either undisclosed related parties and/or entities fabricated by the Company; (iii) the Company had misrepresented the type and/or existence of the mining rigs that it claimed to have purchased; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

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First Identified Complaint

Kimberly Beltran, et al. v. SOS Limited, et al.

Date Filed:March 30th, 2021
Class Period Start:July 22nd, 2020
Class Period End:February 25th, 2021
First Identified Complaint Filings
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