{"id":781070,"date":"2023-08-30T13:11:35","date_gmt":"2023-08-30T17:11:35","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-sea-limited-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-september-19-2023-nyse-se-5\/"},"modified":"2023-08-30T13:11:35","modified_gmt":"2023-08-30T17:11:35","slug":"shareholder-alert-the-gross-law-firm-notifies-shareholders-of-sea-limited-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-september-19-2023-nyse-se-5","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-sea-limited-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-september-19-2023-nyse-se-5\/","title":{"rendered":"SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Sea Limited of a Class Action Lawsuit and a Lead Plaintiff Deadline of September 19, 2023 \u2013 (NYSE: SE)"},"content":{"rendered":"<div class=\"mw_release\">\n<p>NEW YORK, Aug.  30, 2023  (GLOBE NEWSWIRE) &#8212; The Gross Law Firm issues the following notice to shareholders of <strong>Sea Limited.<\/strong><\/p>\n<p>Shareholders who purchased shares of SE during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.<\/p>\n<p align=\"center\">CONTACT US HERE:<\/p>\n<p align=\"center\">\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=67X0yKAB6jQCz5m5N5J_PdnmSRaluPO2chhfjFs1ogfzDE-zhR7a3dueWWZ3IMcw2pWwf_RzE_l1VeGuz_mmxM8nvoKpPYFTmnIKzAwgqPRw9uRXv1Z3-WLYcy1pHyeeW5uJHB6CE34TW7p-9gmAVb-WVweOhg0ObHHo1TsXsjUyE5gg-wDNglMyLtEYQJ8qP10VU-AvECA7YeerzRy7xsFu2SWVeDIxj-xXN1A8GGHm5tB1mas2IB3UHSWe5ihrpC1Os-WD3EwGLuUYQpuYjg==\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/securitiesclasslaw.com\/securities\/sea-loss-submission-form-2\/?id=45308&amp;from=3<\/a>\n      <\/p>\n<p>\n        <strong>CLASS PERIOD: <\/strong>April 23, 2022 to May 15, 2023<\/p>\n<p>\n        <strong>ALLEGATIONS: <\/strong>The complaint alleges that during the class period, Defendants issued materially false and\/or misleading statements and\/or failed to disclose that: (i) Sea overstated its ability to manage the growth of its user base and loan book while enhancing its profitability; (ii) Sea\u2019s expansion to a broader user base and growing loan book rendered the Company significantly more vulnerable to higher credit losses; (iii) as a result, the Company was likely to book a significant increase in loan loss reserves; (iv) the foregoing was likely to have a significant negative impact on Sea\u2019s earnings; and (v) as a result, the Company\u2019s public statements were materially false and misleading at all relevant times.<\/p>\n<p>\n        <strong>DEADLINE: September 19, 2023<\/strong> Shareholders should not delay in registering for this class action. Register your information here: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=67X0yKAB6jQCz5m5N5J_PdnmSRaluPO2chhfjFs1ogfzDE-zhR7a3dueWWZ3IMcw2pWwf_RzE_l1VeGuz_mmxM8nvoKpPYFTmnIKzAwgqPRw9uRXv1Z3-WLYcy1pHyeeBs7dZz7yFMYjXy8AYhKeKWdhIcC5QEywkAaSPbA9JJ5yWcAuiISbyOqiU_PhWqkDwc-05IyqY_ABHP6vsQJkNAVKyMWWa_q7qDFZKV50eo5bT4uplGcP7thmy8TWoeF_a_CKNdnFA3DY5VA16Qzh8g==\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/securitiesclasslaw.com\/securities\/sea-loss-submission-form-2\/?id=45308&amp;from=3<\/a><\/p>\n<p>\n        <strong>NEXT STEPS FOR SHAREHOLDERS: <\/strong>Once you register as a shareholder who purchased shares of SE during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is September 19, 2023. There is no cost or obligation to you to participate in this case.<\/p>\n<p>\n        <strong>WHY GROSS LAW FIRM? <\/strong>The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and\/or misleading statements or the omission of material information by a company lead to artificial inflation of the company&#8217;s stock. Attorney advertising. Prior results do not guarantee similar outcomes.<\/p>\n<p>\n        <strong>CONTACT:<\/strong><br \/>\n        <br \/>The Gross Law Firm<br \/>15 West 38th Street, 12th floor<br \/>New York, NY, 10018<br \/>Email: dg@securitiesclasslaw.com<br \/>Phone: (646) 453-8903<\/p>\n<p \/>\n      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODkxMzE0MiM1Nzg5MzIzIzIyNTg5MTc=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/ZDFmZGRkODMtY2JkMi00NjhiLWI0YzUtNzQ1YWE0MWM4OTc5LTEyNzA0Njc=\/tiny\/The-Gross-Law-Firm.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, Aug. 30, 2023 (GLOBE NEWSWIRE) &#8212; The Gross Law Firm issues the following notice to shareholders of Sea Limited. Shareholders who purchased shares of SE during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https:\/\/securitiesclasslaw.com\/securities\/sea-loss-submission-form-2\/?id=45308&amp;from=3 CLASS PERIOD: April 23, 2022 to May 15, 2023 ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and\/or misleading statements and\/or failed to disclose that: (i) Sea overstated its ability to manage the growth of its user base and loan book while enhancing its profitability; (ii) Sea\u2019s expansion to a broader user base and growing loan &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-sea-limited-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-september-19-2023-nyse-se-5\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Sea Limited of a Class Action Lawsuit and a Lead Plaintiff Deadline of September 19, 2023 \u2013 (NYSE: SE)&#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-781070","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Sea Limited of a Class Action Lawsuit and a Lead Plaintiff Deadline of September 19, 2023 \u2013 (NYSE: SE) - 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\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-sea-limited-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-september-19-2023-nyse-se-5\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Sea Limited of a Class Action Lawsuit and a Lead Plaintiff Deadline of September 19, 2023 \u2013 (NYSE: SE) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Aug. 30, 2023 (GLOBE NEWSWIRE) &#8212; The Gross Law Firm issues the following notice to shareholders of Sea Limited. Shareholders who purchased shares of SE during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https:\/\/securitiesclasslaw.com\/securities\/sea-loss-submission-form-2\/?id=45308&amp;from=3 CLASS PERIOD: April 23, 2022 to May 15, 2023 ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and\/or misleading statements and\/or failed to disclose that: (i) Sea overstated its ability to manage the growth of its user base and loan book while enhancing its profitability; (ii) Sea\u2019s expansion to a broader user base and growing loan &hellip; Continue reading &quot;SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Sea Limited of a Class Action Lawsuit and a Lead Plaintiff Deadline of September 19, 2023 \u2013 (NYSE: SE)&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-sea-limited-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-september-19-2023-nyse-se-5\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-30T17:11:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODkxMzE0MiM1Nzg5MzIzIzIyNTg5MTc=\" \/>\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\\\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-sea-limited-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-september-19-2023-nyse-se-5\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-sea-limited-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-september-19-2023-nyse-se-5\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Sea Limited of a Class Action Lawsuit and a Lead Plaintiff Deadline of September 19, 2023 \u2013 (NYSE: SE)\",\"datePublished\":\"2023-08-30T17:11:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-sea-limited-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-september-19-2023-nyse-se-5\\\/\"},\"wordCount\":421,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-sea-limited-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-september-19-2023-nyse-se-5\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODkxMzE0MiM1Nzg5MzIzIzIyNTg5MTc=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-sea-limited-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-september-19-2023-nyse-se-5\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-sea-limited-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-september-19-2023-nyse-se-5\\\/\",\"name\":\"SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Sea Limited of a Class Action Lawsuit and a Lead Plaintiff Deadline of September 19, 2023 \u2013 (NYSE: SE) - 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Shareholders who purchased shares of SE during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https:\/\/securitiesclasslaw.com\/securities\/sea-loss-submission-form-2\/?id=45308&amp;from=3 CLASS PERIOD: April 23, 2022 to May 15, 2023 ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and\/or misleading statements and\/or failed to disclose that: (i) Sea overstated its ability to manage the growth of its user base and loan book while enhancing its profitability; (ii) Sea\u2019s expansion to a broader user base and growing loan &hellip; Continue reading \"SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Sea Limited of a Class Action Lawsuit and a Lead Plaintiff Deadline of September 19, 2023 \u2013 (NYSE: SE)\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-sea-limited-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-september-19-2023-nyse-se-5\/","og_site_name":"Market Newsdesk","article_published_time":"2023-08-30T17:11:35+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODkxMzE0MiM1Nzg5MzIzIzIyNTg5MTc=","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\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-sea-limited-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-september-19-2023-nyse-se-5\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-sea-limited-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-september-19-2023-nyse-se-5\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Sea Limited of a Class Action Lawsuit and a Lead Plaintiff Deadline of September 19, 2023 \u2013 (NYSE: SE)","datePublished":"2023-08-30T17:11:35+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-sea-limited-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-september-19-2023-nyse-se-5\/"},"wordCount":421,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-sea-limited-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-september-19-2023-nyse-se-5\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODkxMzE0MiM1Nzg5MzIzIzIyNTg5MTc=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-sea-limited-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-september-19-2023-nyse-se-5\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-sea-limited-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-september-19-2023-nyse-se-5\/","name":"SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Sea Limited of a Class Action Lawsuit and a Lead Plaintiff Deadline of September 19, 2023 \u2013 (NYSE: SE) - 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