{"id":469248,"date":"2021-03-31T18:17:37","date_gmt":"2021-03-31T22:17:37","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=469248"},"modified":"2021-03-31T18:17:37","modified_gmt":"2021-03-31T22:17:37","slug":"investor-alert-kirby-mcinerney-llp-announces-the-filing-of-a-securities-class-action-lawsuit-against-sos-limited","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-announces-the-filing-of-a-securities-class-action-lawsuit-against-sos-limited\/","title":{"rendered":"INVESTOR ALERT: Kirby McInerney LLP Announces the Filing of a Securities Class Action Lawsuit Against SOS Limited"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>INVESTOR ALERT: Kirby McInerney LLP Announces the Filing of a Securities Class Action Lawsuit Against SOS Limited<\/b><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nThe law firm of <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.kmllp.com%2F&amp;esheet=52405199&amp;newsitemid=20210331006025&amp;lan=en-US&amp;anchor=Kirby+McInerney+LLP&amp;index=1&amp;md5=65f8cf295c119e164b8ce185345dc082\">Kirby McInerney LLP<\/a> announces that a class action lawsuit has been filed in the U.S. District Court for the District of New Jersey on behalf of those who acquired SOS Limited (\u201cSOS\u201d or the \u201cCompany\u201d) (NYSE: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ffinance.yahoo.com%2Fquote%2FSOS%3Fp%3DSOS&amp;esheet=52405199&amp;newsitemid=20210331006025&amp;lan=en-US&amp;anchor=SOS&amp;index=2&amp;md5=5902272a9857d86b5d9ef006b3a45db7\">SOS<\/a>) securities during the period from July 22, 2020, through February 25, 2021 (the \u201cClass Period\u201d). Investors have until June 1, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit.\n<\/p>\n<p>\nThe lawsuit alleges that throughout the Class Period, defendants made materially false and\/or misleading statements, as well as failed to disclose to investors: (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\u2019s public statements were materially false and misleading at all relevant times.\n<\/p>\n<p>\nOn February 26, 2021 Hindenburg Research (\u201cHindenburg\u201d) and Culper Research (\u201cCulper\u201d) released commentary on SOS, claiming that the Company was an intricate \u201cpump and dump\u201d scheme that used fake addresses and doctored photos of crypto rigs to create an illusion of success.\n<\/p>\n<p>\nOn this news, the price of SOS\u2019s American depositary share (\u201cADS\u201d) declined by $1.27 per ADS, or approximately 21.03%, to close at $4.77 per ADS on February 26, 2021.\n<\/p>\n<p>\nIf you acquired SOS securities, have information, or would like to learn more about these claims, please contact <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kmllp.com%2Fthomas-elrod&amp;esheet=52405199&amp;newsitemid=20210331006025&amp;lan=en-US&amp;anchor=Thomas+W.+Elrod&amp;index=3&amp;md5=c77803e9d56890dc71d81d69ad247005\">Thomas W. Elrod<\/a> of Kirby McInerney at 212-371-6600, by email at <a rel=\"nofollow\" href=\"mailto:investigations@kmllp.com\">investigations@kmllp.com<\/a>, or by filling out <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kmllp.com%2Finvestigation-sos-Limited&amp;esheet=52405199&amp;newsitemid=20210331006025&amp;lan=en-US&amp;anchor=this+contact+form%2C&amp;index=4&amp;md5=f7d1e2b2457690db2ff854e494023294\">this contact form,<\/a> to discuss your rights or interests with respect to these matters without any cost to you.\n<\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.kmllp.com%2F&amp;esheet=52405199&amp;newsitemid=20210331006025&amp;lan=en-US&amp;anchor=Kirby+McInerney&amp;index=5&amp;md5=44a53e11b04672de234fc0acc90b5d48\">Kirby McInerney<\/a> is a New York-based plaintiffs\u2019 law firm concentrating in securities, antitrust, and whistleblower litigation. The firm\u2019s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney\u2019s website:<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.kmllp.com%2F&amp;esheet=52405199&amp;newsitemid=20210331006025&amp;lan=en-US&amp;anchor=www.kmllp.com&amp;index=6&amp;md5=c3216ae7bd89ef9e94b109c7fac1d60f\"> www.kmllp.com<\/a>.\n<\/p>\n<p>\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210331006025r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210331006025\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210331006025\/en\/<\/a><\/span><\/p>\n<p>\nKirby McInerney LLP<br \/>\n<br \/>Thomas W. Elrod, Esq., (212) 371-6600<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:investigations@kmllp.com\">investigations@kmllp.com<br \/>\n<\/a><br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.kmllp.com%2F&amp;esheet=52405199&amp;newsitemid=20210331006025&amp;lan=en-US&amp;anchor=www.kmllp.com&amp;index=7&amp;md5=9fc9ef39b104a2be36c8e6d0a5630331\">www.kmllp.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America New York<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210331006025\/en\/774509\/3\/new_KM_logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>INVESTOR ALERT: Kirby McInerney LLP Announces the Filing of a Securities Class Action Lawsuit Against SOS Limited NEW YORK&#8211;(BUSINESS WIRE)&#8211; The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the District of New Jersey on behalf of those who acquired SOS Limited (\u201cSOS\u201d or the \u201cCompany\u201d) (NYSE: SOS) securities during the period from July 22, 2020, through February 25, 2021 (the \u201cClass Period\u201d). Investors have until June 1, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit. The lawsuit alleges that throughout the Class Period, defendants made materially false and\/or misleading statements, as well as failed to disclose to investors: (i) &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-announces-the-filing-of-a-securities-class-action-lawsuit-against-sos-limited\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;INVESTOR ALERT: Kirby McInerney LLP Announces the Filing of a Securities Class Action Lawsuit Against SOS Limited&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-469248","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>INVESTOR ALERT: Kirby McInerney LLP Announces the Filing of a Securities Class Action Lawsuit Against SOS Limited - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-announces-the-filing-of-a-securities-class-action-lawsuit-against-sos-limited\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"INVESTOR ALERT: Kirby McInerney LLP Announces the Filing of a Securities Class Action Lawsuit Against SOS Limited - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"INVESTOR ALERT: Kirby McInerney LLP Announces the Filing of a Securities Class Action Lawsuit Against SOS Limited NEW YORK&#8211;(BUSINESS WIRE)&#8211; The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the District of New Jersey on behalf of those who acquired SOS Limited (\u201cSOS\u201d or the \u201cCompany\u201d) (NYSE: SOS) securities during the period from July 22, 2020, through February 25, 2021 (the \u201cClass Period\u201d). Investors have until June 1, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit. The lawsuit alleges that throughout the Class Period, defendants made materially false and\/or misleading statements, as well as failed to disclose to investors: (i) &hellip; Continue reading &quot;INVESTOR ALERT: Kirby McInerney LLP Announces the Filing of a Securities Class Action Lawsuit Against SOS Limited&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-announces-the-filing-of-a-securities-class-action-lawsuit-against-sos-limited\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-31T22:17:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210331006025r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-kirby-mcinerney-llp-announces-the-filing-of-a-securities-class-action-lawsuit-against-sos-limited\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-kirby-mcinerney-llp-announces-the-filing-of-a-securities-class-action-lawsuit-against-sos-limited\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"INVESTOR ALERT: Kirby McInerney LLP Announces the Filing of a Securities Class Action Lawsuit Against SOS Limited\",\"datePublished\":\"2021-03-31T22:17:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-kirby-mcinerney-llp-announces-the-filing-of-a-securities-class-action-lawsuit-against-sos-limited\\\/\"},\"wordCount\":445,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-kirby-mcinerney-llp-announces-the-filing-of-a-securities-class-action-lawsuit-against-sos-limited\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20210331006025r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-kirby-mcinerney-llp-announces-the-filing-of-a-securities-class-action-lawsuit-against-sos-limited\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-kirby-mcinerney-llp-announces-the-filing-of-a-securities-class-action-lawsuit-against-sos-limited\\\/\",\"name\":\"INVESTOR ALERT: Kirby McInerney LLP Announces the Filing of a Securities Class Action Lawsuit Against SOS Limited - 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Investors have until June 1, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit. The lawsuit alleges that throughout the Class Period, defendants made materially false and\/or misleading statements, as well as failed to disclose to investors: (i) &hellip; Continue reading \"INVESTOR ALERT: Kirby McInerney LLP Announces the Filing of a Securities Class Action Lawsuit Against SOS Limited\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-announces-the-filing-of-a-securities-class-action-lawsuit-against-sos-limited\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-31T22:17:37+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210331006025r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-announces-the-filing-of-a-securities-class-action-lawsuit-against-sos-limited\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-announces-the-filing-of-a-securities-class-action-lawsuit-against-sos-limited\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"INVESTOR ALERT: Kirby McInerney LLP Announces the Filing of a Securities Class Action Lawsuit Against SOS Limited","datePublished":"2021-03-31T22:17:37+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-announces-the-filing-of-a-securities-class-action-lawsuit-against-sos-limited\/"},"wordCount":445,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-announces-the-filing-of-a-securities-class-action-lawsuit-against-sos-limited\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210331006025r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-announces-the-filing-of-a-securities-class-action-lawsuit-against-sos-limited\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-announces-the-filing-of-a-securities-class-action-lawsuit-against-sos-limited\/","name":"INVESTOR ALERT: Kirby McInerney LLP Announces the Filing of a Securities Class Action Lawsuit Against SOS Limited - 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