Sea Limited (NYSE: SE) Securities Fraud Class Action

Case Background:

This is a federal securities fraud class action lawsuit on behalf of those who purchased or otherwise acquired Sea Limited (“Sea”) (NYSE:  SE) securities between November 15, 2022 and August 14, 2023, 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 July 11, 2025, the Court granted Final Approval of the Class Action Settlement. This action has concluded. 

The deadline to file a claim was June 23, 2025.  If you have any questions or need further information about this settlement, you may go to the following website: https://www.sealimited2023securitieslitigation.com , or you can contact the claims administrator, JND Legal Administration, at 1-877-930-5821. 

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 info@ktmc.com.  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.