NEW
YORK, June 12, 2023 /PRNewswire/ -- Jakubowitz
Law announces that an investigation into potential securities
fraud allegations has commenced on behalf of
shareholders of Sea Limited (NYSE: SE)
To be contacted by a member of our team, fill out the
form:
https://claimyourloss.com/securities/sea-class-action-loss-submission-form/?wire=4
Further details on the investigation: On May 16, 2023, Sea issued a press release
announcing its financial results for the first quarter of 2023.
Among other items, Sea reported first-quarter earnings that fell
significantly short of expectations due to a sharp increase in loan
reserves. Sea also disclosed that the Company's previous Chief
Investment Officer, David Ma, had
left that role and joined the Company's Board of Directors.
On this news, Sea's stock price fell $15.62 per share, or 17.74%, to close at
$72.45 per share on May 16, 2023.
Jakubowitz Law is vigorous in pursuit of justice for
shareholders who have been the victim of securities
fraud. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (628) 895-0423
F: (212) 537-5887
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SOURCE Jakubowitz Law