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Rosen Law Firm Encourages Tungray Technologies Inc Investors to Inquire About Securities Class Action Investigation - TRSG
TRSGTungray Technologies Inc(TRSG) Prnewswire·2025-03-27 23:00

Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Tungray Technologies Inc due to allegations of materially misleading business information issued by the company [1] Group 1: Legal Actions and Investor Rights - Shareholders who purchased Tungray Technologies securities may be entitled to compensation through a class action without any out-of-pocket fees [2] - The Rosen Law Firm is preparing a class action to seek recovery of investor losses [2] Group 2: Financial Reporting Issues - On December 31, 2024, Tungray Technologies filed a report with the U.S. Securities and Exchange Commission stating that its financial statements for the years ended December 31, 2023, 2022, and 2021 should no longer be relied upon [3] - The report indicated that related communications and reports describing the company's financial statements for these periods are also unreliable [3] Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time [3] - The firm was ranked No. 1 for the number of securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions for investors [3] - In 2019, the firm secured over $438 million for investors, showcasing its capability in handling significant cases [3]