US EditionSVVC Deadline: SVVC Investors with Losses in Excess of $100K Have Opportunity to Lead Firsthand Technology Value Fund, Inc. Securities Fraud Lawsuit
- A class action has been initiated against Firsthand Technology Value Fund, Inc. Concerning allegations of securities fraud occurring between the start of 2021 and mid-November 2023.
- Defendants allegedly inflated the Fund's net asset value using implausible valuation methods to conceal losses and mislead investors.
- The lawsuit alleges that more than $200 million in value was lost for shareholders and that buyers experienced financial harm due to artificially elevated market prices.
- To serve as lead plaintiff and direct the litigation, shareholders must move the Court by May 20, 2025, with possible compensation on a contingency fee basis.
- The case continues to progress and eligible investors may seek recovery without initial costs, reflecting ongoing enforcement of investor protections.
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22 Articles
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Coverage Details
Total News Sources22
Leaning Left2Leaning Right5Center4Last UpdatedBias Distribution45% Right
Bias Distribution
- 45% of the sources lean Right
45% Right
L 18%
C 36%
R 45%
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