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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Opera Limited (NASDAQ: OPRA) violated securities laws in connection with certain financial statements.
The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Opera Limited (NASDAQ: OPRA) concerning whether a series of statements by Opera Limited regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On January 16, 2020, a report published by Hindenburg Research claimed that Opera Limited’s microfinancing app was in violation of the Google Play Store’s policies on predatory, short-term lending and misleading apps. Furthermore, claiming that Opera spent $9.5 million to purchase a business already funded and operated by Opera.
Following this news, NASDAQ: OPRA fell sharply during intraday trading on January 16, 2020, injuring investors.
Based in Oslo, Norway, and founded in 1996 Opera Limited provides mobile and PC web browsers in Ireland, Russia, and internationally.
If you purchased shares of Opera Limited (NASDAQ: OPRA) on or before January 16, 2020, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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