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EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Opera Limited – OPRA

January 16, 2020 GMT

NEW YORK--(BUSINESS WIRE)--Jan 16, 2020--

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 pkim@rosenlegal.com or cases@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

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.

Attorney Advertising. Prior results do not guarantee a similar outcome.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200116005764/en/

CONTACT: Laurence Rosen, Esq.

Phillip Kim, Esq.

The Rosen Law Firm, P.A.

275 Madison Avenue, 40thFloor

New York, NY 10016

Tel: (212) 686-1060

Toll Free: (866) 767-3653

Fax: (212) 202-3827

lrosen@rosenlegal.com

pkim@rosenlegal.com

cases@rosenlegal.com

www.rosenlegal.com

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: LEGAL PROFESSIONAL SERVICES

SOURCE: Rosen Law Firm

Copyright Business Wire 2020.

PUB: 01/16/2020 02:30 PM/DISC: 01/16/2020 02:30 PM

http://www.businesswire.com/news/home/20200116005764/en