NEW YORK–(BUSINESS WIRE)–Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Opera Limited (NASDAQ: OPRA) resulting from allegations that Opera may have issued materially misleading business information to the investing public.
On January 16, 2020, Hindenburg Research published a scathing report alleging that Opera Limited’s microfinancing app was in violation of the Google Play Store’s policies on predatory, short-term lending and misleading apps. The report also alleged, among other things, that Opera spent $9.5 million to purchase a business already funded and operated by Opera.
On this news, the Company’s stock price fell sharply during intraday trading on January 16, 2020, injuring investors.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Opera investors. If you purchased shares of Opera please visit the firm’s website at http://www.rosenlegal.com/cases-register-1755.html to join the class action. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at [email protected] or [email protected].
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors.
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Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827