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Sea Limited (NYSE: SE) Securities Fraud Class Action

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COMPANY       Sea Limited
COURT United States District Court for the District of Arizona
CASE NUMBER 23-cv-01455
JUDGE The Hon. Douglas Leroy Rayes
CLASS PERIOD  between April 19, 2021 and May 15, 2023

Case Background:

A class action lawsuit has been filed on behalf of those who purchased or acquired Sea Limited (“Sea”) (NYSE:  SE) securities between November 15, 2022 and August 14, 2023, both dates inclusive (the “Class Period”). 

The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding Sea's business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Sea overstated its ability to manage the growth of its user base and loan book while enhancing its profitability; (2) Sea's expansion to a broader user base and growing loan book rendered the company significantly more vulnerable to higher credit losses; (3) as a result, Sea was likely to book a significant increase in loan loss reserves; (4) the foregoing was likely to have a significant negative impact on Sea's earnings; and (5) as a result, Sea's public statements were materially false and misleading at all relevant times.

Current Status of Case:

On December 22, 2023, the Lead Plaintiff filed an amended complaint. 

If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check, LLP:  Jonathan Naji, Esq. (484) 270-1453 or via e-mail at  If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.

Please complete this form relating to your transactions in Sea Limited (NYSE:  SE) securities between April 19, 2021 and May 15, 2023, both dates inclusive (the “Class Period”). 

You may also contact Jonathan Naji, Esq. (484) 270-1453; or you may submit your information via email at; or you may click here to print a PDF of this form.

* Denotes required field
# of Shares
Price per Share
Principal Amount
Amount Paid
Series or CUSIP
# of Contracts
Price per Contract
Exercise Price
Expiration Date
Did you purchase shares of Sea Limited prior to the Class Period?
Are you a current or former employee of Sea Limited?
The submission of this form does not create an attorney-client relationship, nor an obligation on the part of Kessler Topaz or you to file a lead plaintiff motion in this matter. Any information you submit will be maintained as confidential. If Kessler Topaz, in its sole discretion, believes that you might be an appropriate lead plaintiff candidate, Kessler Topaz will contact you to discuss the matter and whether to establish an attorney client relationship. By signing this form you are authorizing us to contact you regarding this case and/or future cases.
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