SE FRAUD ALERT: Jakubowitz Law is Investigating Sea Limited in Connection with Potential Violations of Federal Securities Laws

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

SOURCE Jakubowitz Law

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