An investigation for investors in Sea Limited (NYSE: SE) shares over potential securities laws violations by Sea Limited (NYSE: SE) was announced.
San Diego, CA -- (SBWIRE) -- 05/30/2018 -- An investigation was announced concerning potential securities laws violations by Sea Limited and certain of its directors and officers in connection with certain financial statements.
Investors who purchased shares of Sea Limited (NYSE: SE), have certain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by Sea Limited regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Singapore based Sea Limited engages in the digital entertainment, e-commerce, and digital financial service businesses in the Greater Southeast Asia. Sea Limited went public in October 2017. Sea Limited reported that its annual Total Revenue rose from $345.67 million in 2016 to $414.19 million in 2017 and that its Net loss increased from $222.86 million in 2016 to $560.48 million in 2017. Shares of Sea Limited (NYSE: SE) declined from $1.699 per share in October 2017 to as low as $10.06 per share on May 9, 2018.
Those who purchased shares of Sea Limited (NYSE: SE) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego