{"id":474236,"date":"2021-04-09T09:03:36","date_gmt":"2021-04-09T13:03:36","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=474236"},"modified":"2021-04-09T09:03:36","modified_gmt":"2021-04-09T13:03:36","slug":"sos-limited-class-action-alert-wolf-haldenstein-adler-freeman-herz-llp-announces-that-a-securities-class-action-lawsuit-has-been-filed-in-the-united-states-district-court-for-the-district-of-ne-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sos-limited-class-action-alert-wolf-haldenstein-adler-freeman-herz-llp-announces-that-a-securities-class-action-lawsuit-has-been-filed-in-the-united-states-district-court-for-the-district-of-ne-2\/","title":{"rendered":"SOS LIMITED CLASS ACTION ALERT: Wolf Haldenstein Adler Freeman &amp; Herz LLP announces that a securities class action lawsuit has been filed in the United States District Court for the District of New Jersey against SOS Limited"},"content":{"rendered":"<div class=\"xn-newslines\">\n<h2 class=\"xn-hedline\">LEAD PLAINTIFF DEADLINE IS JUNE 1, 2021<\/h2>\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">NEW YORK<\/span>, <span class=\"xn-chron\">April 9, 2021<\/span> \/PRNewswire\/ &#8212; <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3123597-2&amp;h=306419257&amp;u=https%3A%2F%2Fwww.whafh.com%2Farchives%2Fcase%2Fsos-limited-adrs-nyse-sos&amp;a=Wolf+Haldenstein+Adler+Freeman+%26+Herz+LLP\" rel=\"nofollow noopener noreferrer\"><span class=\"xn-person\">Wolf Haldenstein Adler Freeman<\/span> &amp; Herz LLP<\/a> announces that a federal securities class action lawsuit has been filed\u00a0 in the\u00a0 <span class=\"xn-location\">United States<\/span> District Court for the District of <span class=\"xn-location\">New Jersey<\/span> on behalf of those who acquired SOS Limited (&#8220;SOS&#8221; or the &#8220;Company&#8221;) (NYSE: SOS) American Depositary Receipts (&#8220;ADR&#8217;s)\u00a0 during the period from <span class=\"xn-chron\">July 22, 2020<\/span>, through <span class=\"xn-chron\">February 25, 2021<\/span>, inclusive (the &#8221;Class Period&#8221;). <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1064977\/Wolf_Haldenstein_Adler_Freeman_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1064977\/Wolf_Haldenstein_Adler_Freeman_Logo.jpg\" title=\"(PRNewsfoto\/Wolf Haldenstein Adler Freeman )\" alt=\"(PRNewsfoto\/Wolf Haldenstein Adler Freeman )\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\n        <b>All investors who purchased the ADR&#8217;s <\/b><br \/>\n        <b>of \u00a0SOS Limited<\/b>\u00a0<b>and incurred losses are urged to contact the firm immediately at <\/b><a target=\"_blank\" href=\"mailto:classmember@whafh.com\" rel=\"nofollow noopener noreferrer\">classmember@whafh.com<\/a><b>\u00a0or (800) 575-0735 or (212) 545-4774. You may obtain additional information concerning the action or <\/b><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3123597-2&amp;h=2623058406&amp;u=https%3A%2F%2Fwww.whafh.com%2Farchives%2Fcase%2Fsos-limited-adrs-nyse-sos&amp;a=join+the+case\" rel=\"nofollow noopener noreferrer\">join the case<\/a><b>\u00a0on our website, <\/b><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3123597-2&amp;h=1553325965&amp;u=https%3A%2F%2Fwww.whafh.com%2Farchives%2Fcase%2Fsos-limited-adrs-nyse-sos&amp;a=www.whafh.com.\" rel=\"nofollow noopener noreferrer\">www.whafh.com.<\/a><\/p>\n<p>If you have incurred losses in the ADR&#8217;s of SOS Limited., <b>yo<\/b><b>u may,<\/b><b>no later than <span class=\"xn-chron\">June 1<\/span><\/b><b>, 2021, <\/b>request that the Court appoint you lead plaintiff of the proposed class. Please contact <a target=\"_blank\" href=\"mailto:gstone@whafh.com\" rel=\"nofollow noopener noreferrer\"><span class=\"xn-person\">Wolf Haldenstein<\/span><\/a> to learn more about your rights as an investor in the ADR&#8217;s of SOS Limited.<\/p>\n<p class=\"prntac\">\n        <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3123597-2&amp;h=3887506376&amp;u=https%3A%2F%2Fwww.whafh.com%2Farchives%2Fcase%2Fsos-limited-adrs-nyse-sos&amp;a=PLEASE+CLICK+HERE+TO+JOIN+CASE\" rel=\"nofollow noopener noreferrer\">PLEASE CLICK HERE TO JOIN CASE<\/a>\n      <\/p>\n<p>The filed complaint alleges that throughout the Class Period, defendants made materially false and\/or misleading statements, as well as failed to disclose to investors: <\/p>\n<ul type=\"disc\">\n<li>SOS had misrepresented the true nature, location, and\/or existence of at least one of the principal executive offices listed in its SEC filings; <\/li>\n<li>HY and FXK were either undisclosed related parties and\/or entities fabricated by the Company; <\/li>\n<li>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&#8217;s public statements were materially false and misleading at all relevant times.<\/li>\n<\/ul>\n<p>On <span class=\"xn-chron\">February 26, 2021<\/span> Hindenburg Research (&#8220;Hindenburg&#8221;) and Culper Research (&#8220;Culper&#8221;) released commentary on SOS, claiming that the Company was an intricate &#8220;pump and dump&#8221; scheme that used fake addresses and doctored photos of crypto rigs to create an illusion of success.<\/p>\n<p>On this news, SOS&#8217;s ADR price declined by <span class=\"xn-money\">$1.27<\/span> per ADR, or approximately 21.03%, to close at <span class=\"xn-money\">$4.77<\/span> per ADR on <span class=\"xn-chron\">February 26, 2021<\/span>.<\/p>\n<p>\n        <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3123597-2&amp;h=2287540282&amp;u=https%3A%2F%2Fwww.whafh.com%2Farchives%2Fcase%2Fsos-limited-adrs-nyse-sos&amp;a=Wolf+Haldenstein\" rel=\"nofollow noopener noreferrer\"><br \/>\n          <span class=\"xn-person\">Wolf Haldenstein<\/span><br \/>\n        <\/a> has extensive experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country.\u00a0 The firm has attorneys in various practice areas; and offices in <span class=\"xn-location\">New York<\/span>, <span class=\"xn-location\">Chicago<\/span> and San Diego.\u00a0 The reputation and expertise of this firm in shareholder and other class litigation has been repeatedly recognized by the courts, which have appointed it to major positions in complex securities multi-district and consolidated litigation.<\/p>\n<p>If you wish to discuss this action or have any questions regarding your rights and interests in this case, please immediately contact <a target=\"_blank\" href=\"mailto:gstone@whafh.com\" rel=\"nofollow noopener noreferrer\"><span class=\"xn-person\">Wolf Haldenstein<\/span><\/a> by telephone at (800) 575-0735, via e-mail at <a target=\"_blank\" href=\"mailto:classmember@whafh.com\" rel=\"nofollow noopener noreferrer\">classmember@whafh.com<\/a>, or visit our website at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3123597-2&amp;h=3078795300&amp;u=https%3A%2F%2Fwww.whafh.com%2Farchives%2Fcase%2Fsos-limited-adrs-nyse-sos&amp;a=%C2%A0www.whafh.com.\" rel=\"nofollow noopener noreferrer\">\u00a0www.whafh.com.<\/a><\/p>\n<p>Contact:<br \/><span class=\"xn-person\">Wolf Haldenstein Adler Freeman<\/span> &amp; Herz LLP <br \/><span class=\"xn-person\">Kevin Cooper, Esq.<\/span><br \/><span class=\"xn-person\">Gregory Stone<\/span>, Director of Case and Financial Analysis<br \/>Email: <a target=\"_blank\" href=\"mailto:gstone@whafh.com\" rel=\"nofollow noopener noreferrer\">gstone@whafh.com<\/a>, <a target=\"_blank\" href=\"mailto:kcooper@whafh.com\" rel=\"nofollow noopener noreferrer\">kcooper@whafh.com<\/a> or <a target=\"_blank\" href=\"mailto:classmember@whafh.com\" rel=\"nofollow noopener noreferrer\">classmember@whafh.com<\/a><br \/>Tel: (800) 575-0735 or (212) 545-4774<\/p>\n<p>This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.\u00a0 <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY37123&amp;sd=2021-04-09\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/sos-limited-class-action-alert-wolf-haldenstein-adler-freeman--herz-llp-announces-that-a-securities-class-action-lawsuit-has-been-filed-in-the-united-states-district-court-for-the-district-of-new-jersey-against-sos-limited-301265647.html\">http:\/\/www.prnewswire.com\/news-releases\/sos-limited-class-action-alert-wolf-haldenstein-adler-freeman&#8211;herz-llp-announces-that-a-securities-class-action-lawsuit-has-been-filed-in-the-united-states-district-court-for-the-district-of-new-jersey-against-sos-limited-301265647.html<\/a><\/p>\n<p>SOURCE  <span class=\"xn-person\">Wolf Haldenstein Adler Freeman<\/span> &amp; Herz LLP<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY37123&amp;Transmission_Id=202104090900PR_NEWS_USPR_____NY37123&amp;DateId=20210409\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>LEAD PLAINTIFF DEADLINE IS JUNE 1, 2021 PR Newswire NEW YORK, April 9, 2021 \/PRNewswire\/ &#8212; Wolf Haldenstein Adler Freeman &amp; Herz LLP announces that a federal securities class action lawsuit has been filed\u00a0 in the\u00a0 United States District Court for the District of New Jersey on behalf of those who acquired SOS Limited (&#8220;SOS&#8221; or the &#8220;Company&#8221;) (NYSE: SOS) American Depositary Receipts (&#8220;ADR&#8217;s)\u00a0 during the period from July 22, 2020, through February 25, 2021, inclusive (the &#8221;Class Period&#8221;). All investors who purchased the ADR&#8217;s of \u00a0SOS Limited\u00a0and incurred losses are urged to contact the firm immediately at classmember@whafh.com\u00a0or (800) 575-0735 or (212) 545-4774. You may obtain additional information concerning the action or join the case\u00a0on our website, www.whafh.com. If &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sos-limited-class-action-alert-wolf-haldenstein-adler-freeman-herz-llp-announces-that-a-securities-class-action-lawsuit-has-been-filed-in-the-united-states-district-court-for-the-district-of-ne-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SOS LIMITED CLASS ACTION ALERT: Wolf Haldenstein Adler Freeman &amp; Herz LLP announces that a securities class action lawsuit has been filed in the United States District Court for the District of New Jersey 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-474236","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SOS LIMITED CLASS ACTION ALERT: Wolf Haldenstein Adler Freeman &amp; Herz LLP announces that a securities class action lawsuit has been filed in the United States District Court for the District of New Jersey 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\/sos-limited-class-action-alert-wolf-haldenstein-adler-freeman-herz-llp-announces-that-a-securities-class-action-lawsuit-has-been-filed-in-the-united-states-district-court-for-the-district-of-ne-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SOS LIMITED CLASS ACTION ALERT: Wolf Haldenstein Adler Freeman &amp; Herz LLP announces that a securities class action lawsuit has been filed in the United States District Court for the District of New Jersey against SOS Limited - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"LEAD PLAINTIFF DEADLINE IS JUNE 1, 2021 PR Newswire NEW YORK, April 9, 2021 \/PRNewswire\/ &#8212; Wolf Haldenstein Adler Freeman &amp; Herz LLP announces that a federal securities class action lawsuit has been filed\u00a0 in the\u00a0 United States District Court for the District of New Jersey on behalf of those who acquired SOS Limited (&#8220;SOS&#8221; or the &#8220;Company&#8221;) (NYSE: SOS) American Depositary Receipts (&#8220;ADR&#8217;s)\u00a0 during the period from July 22, 2020, through February 25, 2021, inclusive (the &#8221;Class Period&#8221;). All investors who purchased the ADR&#8217;s of \u00a0SOS Limited\u00a0and incurred losses are urged to contact the firm immediately at classmember@whafh.com\u00a0or (800) 575-0735 or (212) 545-4774. You may obtain additional information concerning the action or join the case\u00a0on our website, www.whafh.com. If &hellip; Continue reading &quot;SOS LIMITED CLASS ACTION ALERT: Wolf Haldenstein Adler Freeman &amp; Herz LLP announces that a securities class action lawsuit has been filed in the United States District Court for the District of New Jersey against SOS Limited&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/sos-limited-class-action-alert-wolf-haldenstein-adler-freeman-herz-llp-announces-that-a-securities-class-action-lawsuit-has-been-filed-in-the-united-states-district-court-for-the-district-of-ne-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-09T13:03:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/1064977\/Wolf_Haldenstein_Adler_Freeman_Logo.jpg\" \/>\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=\"3 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\\\/sos-limited-class-action-alert-wolf-haldenstein-adler-freeman-herz-llp-announces-that-a-securities-class-action-lawsuit-has-been-filed-in-the-united-states-district-court-for-the-district-of-ne-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sos-limited-class-action-alert-wolf-haldenstein-adler-freeman-herz-llp-announces-that-a-securities-class-action-lawsuit-has-been-filed-in-the-united-states-district-court-for-the-district-of-ne-2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SOS LIMITED CLASS ACTION ALERT: Wolf Haldenstein Adler Freeman &amp; 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Herz LLP announces that a securities class action lawsuit has been filed in the United States District Court for the District of New Jersey against SOS Limited - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/sos-limited-class-action-alert-wolf-haldenstein-adler-freeman-herz-llp-announces-that-a-securities-class-action-lawsuit-has-been-filed-in-the-united-states-district-court-for-the-district-of-ne-2\/","og_locale":"en_US","og_type":"article","og_title":"SOS LIMITED CLASS ACTION ALERT: Wolf Haldenstein Adler Freeman &amp; Herz LLP announces that a securities class action lawsuit has been filed in the United States District Court for the District of New Jersey against SOS Limited - Market Newsdesk","og_description":"LEAD PLAINTIFF DEADLINE IS JUNE 1, 2021 PR Newswire NEW YORK, April 9, 2021 \/PRNewswire\/ &#8212; Wolf Haldenstein Adler Freeman &amp; Herz LLP announces that a federal securities class action lawsuit has been filed\u00a0 in the\u00a0 United States District Court for the District of New Jersey on behalf of those who acquired SOS Limited (&#8220;SOS&#8221; or the &#8220;Company&#8221;) (NYSE: SOS) American Depositary Receipts (&#8220;ADR&#8217;s)\u00a0 during the period from July 22, 2020, through February 25, 2021, inclusive (the &#8221;Class Period&#8221;). All investors who purchased the ADR&#8217;s of \u00a0SOS Limited\u00a0and incurred losses are urged to contact the firm immediately at classmember@whafh.com\u00a0or (800) 575-0735 or (212) 545-4774. You may obtain additional information concerning the action or join the case\u00a0on our website, www.whafh.com. 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