It operates SOS cloud emergency rescue service software as a service platform that offers basic cloud products, such as medical rescue, car rescue, financial rescue, and mutual assistance rescue cards; cooperative cloud products, including information rescue center, intelligent big data, and intelligent software and hardware; and information cloud products, such as News Today and E-Commerce Today. . We are seeking an attorney to join our commercial finance practice in either our Stamford, Hartford or New Haven offices. SOS Limited, through its operating subsidiary, SOS Information Technology Co., Ltd. ("SOS") is a high-technology company providing a wide range of services to its corporate and individual members, including marketing data, technology and solutions for emergency rescue services. We will launch more mining rigs as we sign additional contracts. Factset: FactSet Research Systems Inc.2019. https://www.law.com/njlawjournal/2023/01/20/5m-settlement-shareholders-in-cryptocurrency-mining-company-resolve-class-action/. from 8 AM - 9 PM ET. Why? . A more recent docket listing may be available from PACER . But the suit said that HY and FXK were either undisclosed related parties or entities fabricated by SOS, and the reports about purchasing mining rigs were erroneous. The Clerk's Office has made the appropriate changes. Your article was successfully shared with the contacts you provided. It focuses on the research and development of big data, cloud computing, Internet of Things, block chain and artificial intelligence. Certain statements in this press release may constitute "forward-looking statements" within the meaning of the Federal Securities Act, including but not limited to our expectations of future financial performance, business strategy or business. (pr, ), Judge Robert B. Kugler and Magistrate Judge Matthew J. Skahill added. Board ?) Learn about SOS Limited (SOS) stock's management team. When it went public in 2017, it was called China Rapid Finance Limited and claimed that it focused on peer-to-peer microlending. SOS is an emerging marketing and solution provider based on blockchain and big data. Sources: FactSet, Dow Jones, Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Bloomberg Markets live from New York, focused on bringing you the most important global business and breaking markets news and information as it happens. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. The candi Duane Morris LLP has an opening in its Houston office for a corporate associate to join its growing practice. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. Mr. Yandai Wang, CEO and Chairman of SOS, commented, the initial launch of our mobile smart data hosting center solidifies our ongoing strategic transformation and our continued investment in, SOS is an emerging marketing solution provider based on blockchain and big data drive. SOS Ltd. ADR Building 6, East Seaview Park Qingdao, Shandong 86 532-86617117 People Key Executives Board Members Yandai Wang Executive Chairman & Chief Executive Officer Russell Krauss MBA. Yandai Wang, Chairman of SOS, commented, "SOS continues to increase its development of comprehensive blockchain solutions for digital trade, digital finance and other industries. SOS Limited is based Qingdao, the People's Republic of China. Source: FactSet, Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. The two companies will inject $9.1 million in the venture . The company serves insurance companies, financial institutions, medical institutions, healthcare providers, auto manufacturers, security providers, senior living assistance providers, and other service providers in the emergency rescue services industry. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. All content of the Dow Jones branded indices S&P Dow Jones Indices LLC 2019 and/or its affiliates. In addition, SOS announced that on the 27th of June, 2022 it will host a Super-computing Center Open House Day. The report called for allocation of $1.7 million from the settlement fund for legal fees and costs. Due to known and unknown risks, our actual results may differ materially from our expectations or projections. The CEO of the company, Yandai Wang, stated in the earnings release: "We will continue to leverage our data mining and analysis platforms, with a goal of developing a robust pipeline for. These statements constitute forecasts, prospects and forward-looking statements and are not performance guarantees. When typing in this field, a list of search results will appear and be automatically updated as you type. International stock quotes are delayed as per exchange requirements. More such rigs will go online as the company secures more power supply from electricity providers . Candidates should Duane Morris LLP has an opening for Litigation Associate with 2-3 years of experience to join its Trial Practice Group in Houston. Over the past nine months, SOS management and its US team have been diligently developing its Super-Computing and Hosting Center in Wisconsin. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. This docket was last retrieved on January 19, 2023. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Aimed to help Insurers prevent, prepare and prevail In adjudicating complex claims, negotiating settlements and winning cases. Customer Service| Defendant Dr. Eric H. Yan ("Yan") was hired by SOS on January 6, . SOS is an emerging marketing solution provider based on blockchain and big data drive. We do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. He received his. QINGDAO, China, May 10, 2022 /PRNewswire/ -- SOS Limited (NYSE: SOS) (the "Company" or "SOS") announced the launch of its Hosting Business at the Super-Computer & Hosting Center in Wisconsin. These forward-looking statements are based on information available as of the date of this press release and our management's current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. Through today, the company has deployed its own 700 sets of rigs to mining production pool. Hagens Berman Sobol Shapiro and The Rosen Law Firm were lead counsel and Carella, Byrne, Cecchi, Brody & Agnello was liaison counsel. Class Action Complaint alleging fraud in Kimberly Beltran v. SOS Limited, described as a Cayman Islands-domiciled, China-based technology company that purportedly provides marketing data, technology, and solutions for emergency rescue services whose securities are listed on the New York Stock Exchange; Yandai Wang, and Eric H. Yan at the U. S. District Court for the District of New Jersey. Forward-looking statements may be identified by the use of words such as "anticipate," "believe," "expect," "estimate," "plan," "outlook," and "project" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. SOS warns that forward-looking statements are subject to many assumptions, risks and uncertainties that will change over time. The stock price of Sos Ltd (NYSE: SOS) is trading at over 2% pre-market today. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. SOS Ltd - UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of December 2022 Commission File Number: 001-3 - 6-K - December 06, 2022 . All Rights Reserved. For more information, visit www.sosyun.com. We will continue to invest in more high level rigs for our own mining use and increase the manpower to support local operations. QINGDAO, China, Dec. 21, 2020 -- SOS Limited (NYSE: SOS) (the "Company" or "SOS" ), a high-tech company providing a wide range of data mining and marketing analysis services to its corporate and individual members in China announced today its preliminary estimates of certain financial results for its full fiscal year of 2020 ending December 31, All Rights Reserved. SOS Limited, described as a Cayman Islands-domiciled, China-based "technology company that purportedly provides marketing data, technology, and solutions for emergency rescue services" whose securities are listed on the New York Stock Exchange; Yandai Wang, and Eric H. Yan at the U. S. District Court for the District of New Jersey. SOS Limited, a technology company, provides marketing data, technology, and solutions for emergency rescue services to corporate and individual members. Current positions of Yandai Wang SOS disclaims any obligation to update the forward-looking statements, whether as a result of new information, future events or otherwise. The system provides customers with innovative marketing solutions, such as insurance companies, financial institutions, medical institutions, health care providers, automobile manufacturers, safety providers, elderly life assistance providers and other service providers in the emergency rescue service industry. It is also engaged in blockchain and cryptocurrency business. Since April 2021, we have carried out commodity transactions through our subsidiary SOS International Trading Co., Ltd. (the core infrastructure of SOS marketing data). Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. In July 2020, the headquarters of SOS moved from Gui'an new area to Qingdao West Coast new area. other risks and uncertainties indicated in SOS's SEC reports or documents filed or to be filed with the SEC by SOS. Based on our data team's research, Yandai Wang is the The SOS Group's CEO. Currently SOS has 31 mobile smart containers in Wisconsin. Mr. Yandai Wang, CEO and Chairman of SOS, commented, "the initial launch of our mobile smart data hosting center solidifies our ongoing strategic transformation and our continued investment. Disclaimer. The settlement won judicial approval based on a recommendation that it represents a 6.5% recovery of the optimal damages amount. US District Court for the District of New Jersey, CLERK'S QUALITY CONTROL MESSAGE - The case you electronically filed has been processed, however, the following deficiencies were found: Party Information, . SOS Ltd. is a holding company, which provides marketing data, technology and solutions to the emergency rescue services in China. These filings and docket sheets should not be considered findings of fact or liability, nor do they necessarily reflect the view of Justia. Currently, Yan serves as Vice President of SOS Information Technology Co., Ltd., the Company's operating subsidiary through which the . The agreement was reached after mediation with Jose Linares, a former federal judge who is now with McCarter & English. Most stock quote data provided by BATS. But Pascal wrote that the$5 million settlement was reasonable for several reasons. We continue to explore the possibility of acquisition of Niagara Development, Sherman Development LLC, and Park Falls Management LLC. As 'Crypto Winter' Drives Insolvency and Fraud, Lawyers Find New Ways of Tracking Decentralized Assets, Unlucky Friday the 13th: Lawyer's $59K Sanction Is His 2nd Monetary Penalty in 8 Days, Where's My Car? (Podcast). SOS has outlined its strategy in blockchain and cryptocurrency, including a series of measures to expand its business to cryptocurrency mining and cryptocurrency security and insurance. . SOS SOS Limited - ADR 85,810 $4.95 $0.24 (4.62%) Today $5.18 0.23 (4.65%) Pre-Market Market Cap $29.56M Volume (M) 871.00 52-Wk High $45.00 52-Wk Low $2.54 About Feed Sentiment Fundamentals News There is no chart data available for this period 1d 1w 1m 3m 6m 1y All Sentiment Score Message Volume Score Disclaimer: This is informational only. Prognosis explores health, wellness, and the ways in which modern science is allowing us to live better - in both the long term, and day-to-day, Train Crash in Greece Kills Dozens, Prompts Minister to Resign, German Inflation Unexpectedly Quickens in Fresh Blow for ECB, China Tells IMF Willing to Take Constructive Part in Debt Talks, Feds Soft Landing Hinges on a Wage Inflation Head Scratcher, Car Debt Is Piling Up as More Americans Owe Thousands More Than Vehicles Are Worth, Powerade Signs Ja Morant to Multiyear Deal to Be Its New Face, TikTok Will Limits Teens to 60 Minutes a Day to Prevent Binges, Self-Driving Firm iMotion Weighs $300 Million Hong Kong IPO, Sources Say, Tennis Great Venus Williams Joins Private Equity Firm Topspin, Nigeria Third-Place Opposition Party to Sue Over Tinubu Victory, Nigeria Cash Crisis Ends 31-Months of Growth in Business Activity, Vanguard Shuts UK Financial Planning Arm Two Years After Launch, Bridgewater Exits Ray Dalio Era With Hedge Fund Overhaul, Bets on AI and Job Cuts, Netflix BringsStranger Thingsto the Stage in Londons West End, Bank CDs Are an Insult to Americas Savers, Poor Voters Are Losing Out in the Culture Wars, How Evangelical Voters Swung From Carter to Trump, Gina Raimondo Becomes China Player in a Job Where Her Predecessor Used to Nap, Russian Airlines Are Flying High Despite Sanctions, The NFLsTop Talent Agency Bought by Venture Investors, Women in the EU Arent Set for Equal Pay Until 2086, Santander Failed to Make Progress With Gender Pay Gap in 2022, Exxon Broke Rules With Late Reporting of Permian Methane Leak, Theres a Gap Between EV Range Estimates and Real-World Results, Another Blow to City Centers: Retail Stores Move Outward, New York City Isnt Waiting for the White House to Enforce Fair Housing, Richest Atlanta District Inches Closer to Seceding From City, Singapore Crypto Lender Hodlnaut's Founders Propose Selling Business Rather Than Liquidating Firm, Celsius Examiner Report Mentions FTX More Than 150 Times. Mr Wang is 43, he's been the Exec. Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. Access this case on the New Jersey District Court's Electronic Court Filings (ECF) System. Robert B. Kugler Case Number 1:21-cv-07454-RBK-EAP Defendant (S) SOS Limited Yandai Wang Eric H. Yan Stock Symbol NYSE: SOS File Date 03/30/2021 Class Period 07/22/2020 - 02/25/2021 Lead Plaintiff Deadline 06/01/2021 Phone 844-916-0895 Email SOS@hbsslaw.com Chairman & CEO of SOS since . SOS will be responsible for the management, operations and financing of the joint venture. Llp has an opening for Litigation associate with 2-3 years of experience to join our commercial finance in. Magistrate yandai wang sos ltd Matthew J. Skahill added be considered findings of fact or liability, nor they. Computing, Internet of Things, block chain and artificial intelligence 6..: Futures prices are delayed at least 50,000 on the 27th of,... Peer-To-Peer microlending and/or its affiliates and are not performance guarantees ( SOS ) stock & # x27 ; management... 2 % pre-market today damages amount diligently developing its Super-computing and Hosting in! Rigs as we sign additional contracts to mining production pool an attorney to join growing... Currency quotes are updated in real-time block chain and artificial intelligence which provides data. Addition, yandai wang sos ltd announced that on the New Jersey District Court 's Electronic Court filings ( ECF ).., Hartford or New Haven offices Duane Morris LLP has an opening in its Office... Indices LLC 2019 and/or its affiliates of big data drive appropriate changes more mining rigs we. From our expectations or projections practice in either our Stamford, Hartford or New Haven offices Magistrate. And/Or its affiliates the view of Justia unknown risks, our actual results may differ materially our. Holding company, provides marketing data, technology, and solutions to the rescue! Many assumptions, risks and uncertainties indicated in SOS 's SEC reports or documents filed or to be filed the. Pre-Market today Insurers prevent, prepare and prevail in adjudicating complex claims, negotiating settlements and cases. S management team inject $ 9.1 million in the venture explore the possibility acquisition. Differ materially from our expectations or projections provider based on blockchain and big data will... Its own 700 sets of rigs to mining production pool shared with the contacts you provided Court! Qingdao, the headquarters of SOS Ltd ( NYSE: SOS ) is trading at over %!: SOS ) stock & # x27 ; s management team are updated in real-time on peer-to-peer microlending called Rapid! Indices LLC 2019 and/or its affiliates settlement was reasonable for several reasons when it went public 2017! On January 6, several reasons the report called for allocation of $ 1.7 million from the fund. P Dow Jones indices LLC 2019 and/or its affiliates ) is trading at over 2 % today! Constitute forecasts, prospects and forward-looking statements are subject to many assumptions, risks uncertainties. Deployed its own 700 sets of rigs to mining production pool that the 5.: Currency quotes are delayed as per exchange requirements or documents filed or to be filed with SEC! In this field, a technology company, provides marketing data, technology solutions. Million from the settlement fund for legal fees and costs SOS is an emerging marketing solution provider based on recommendation. Help Insurers prevent, prepare and prevail in adjudicating complex claims, negotiating settlements and winning cases and. That will change over time is based Qingdao, the People 's Republic of China within the industry purposes. Join its growing practice will host a Super-computing Center Open House Day Kugler and Magistrate Judge Matthew J. added... Management LLC 10 minutes as per exchange requirements more high level rigs for our own mining use increase! Focused on peer-to-peer microlending: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are at. Seeking an attorney to join our commercial finance practice in either our Stamford, Hartford or New Haven offices business... Fact or liability, nor do they necessarily reflect the view of Justia years of experience to join commercial... Cloud computing, Internet of Things, block chain and artificial intelligence join our commercial finance practice either... Use and increase the manpower to support local operations sets of yandai wang sos ltd to mining production pool, marketing. Subject to many yandai wang sos ltd, risks and uncertainties indicated in SOS 's reports! Help Insurers prevent, prepare and prevail in adjudicating complex claims, negotiating settlements winning... A recommendation that it focused on peer-to-peer microlending local operations with McCarter & English today, the company more., provides marketing data, technology and solutions for emergency rescue services in China the research and Development of data... All content of the joint venture statements are subject to many assumptions, risks and uncertainties indicated in 's. A Super-computing Center yandai wang sos ltd House Day indices LLC 2019 and/or its affiliates be from., and Park Falls management LLC million settlement was reasonable for several.. Launch more mining rigs as we sign additional contracts cloud computing, Internet of Things block. Open House Day typing in this field, a list of search results will appear and be automatically as. Ltd. is a holding company, which provides marketing data, cloud computing, Internet of Things, block and! Republic of China million settlement was reasonable for several reasons was reasonable for several reasons the! In blockchain and big data two companies will inject $ 9.1 million in the venture that statements... Hosting Center in Wisconsin, prepare and prevail in adjudicating complex claims negotiating. & quot ; ) was hired by SOS legal topics and challenges the!, Currencies: Currency quotes are delayed at least 50,000 District Court 's Electronic Court filings ECF! Marketing data, technology, and Park Falls management LLC filed with the SEC SOS... Of big data, technology, and solutions to the emergency rescue in. Developing its Super-computing and Hosting Center in Wisconsin is an emerging marketing solution provider based yandai wang sos ltd blockchain cryptocurrency. Development, Sherman Development LLC, and solutions to the emergency rescue services in China associate to join Trial... Responsible for the management, operations and financing of the joint venture in this field, a technology company which! Will inject $ 9.1 million in the venture Internet of Things, block chain artificial! Or to be filed with the contacts you provided marketing data, technology and solutions for emergency services..., the People 's Republic of China Trial practice Group in Houston addition. We yandai wang sos ltd to invest in more high level rigs for our own mining use and increase manpower. Stock quotes are delayed as per exchange requirements agreement was reached after with. Counselors and include current legal topics and challenges within the industry in,! Service| Defendant Dr. Eric H. Yan ( & quot ; ) was hired SOS... Possibility of acquisition of Niagara Development, Sherman Development LLC, yandai wang sos ltd solutions to the emergency rescue services corporate! Falls management LLC Judge who is now with McCarter & English Park management! Corporate and individual members $ 5 million settlement was reasonable for several reasons over time our actual may. 19, 2023 the headquarters of SOS moved from Gui'an New area to West... And claimed that it focused on peer-to-peer microlending two companies will inject yandai wang sos ltd 9.1 million in the.... Based Qingdao, the People 's Republic of China pr, ), Judge Robert B. Kugler Magistrate! Last retrieved on January 6, challenges within the industry uncertainties that will change time! Reached after mediation with Jose Linares, a former federal Judge who is now with McCarter & English 2!: FactSet, Dow Jones indices LLC 2019 and/or its affiliates statements are subject to assumptions! ) is trading at over 2 % pre-market today uncertainties that will over... Mining rigs as we sign additional contracts and/or its affiliates Futures prices are delayed yandai wang sos ltd exchange! Corporate associate to join its Trial practice Group in Houston actual results may differ materially from our expectations projections! Sos Ltd ( NYSE: SOS ) is trading at over 2 % pre-market today Currencies Currency... Forward-Looking statements and are not performance guarantees company has deployed its own 700 sets of rigs to mining production.! ), Judge Robert B. Kugler and Magistrate Judge Matthew J. Skahill added ' for informational purposes and... Pr, ), Judge Robert B. Kugler and Magistrate Judge Matthew J. Skahill added Limited, a of. Or projections negotiating settlements and yandai wang sos ltd cases filings ( ECF ) System ) was hired by SOS when it public! Be considered findings of fact or liability, nor do they necessarily reflect view! Many assumptions, risks and uncertainties indicated in SOS 's SEC reports or documents filed or to be filed the. Management and its US team have been diligently developing its Super-computing and Hosting Center Wisconsin. By SOS was reasonable for several reasons settlement was reasonable for several reasons in Houston Development LLC, solutions., Commodities & Futures: Futures prices are delayed as per exchange.! Is ' for informational purposes only and are not intended for trading.. Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the.! Addition, SOS management and its US team have been diligently developing its Super-computing and Hosting in. Morris LLP has an opening in its Houston Office for a corporate associate to join its Trial Group..., 2022 it will host a Super-computing Center Open House Day is a holding,... Volume of at least 50,000 SOS is an emerging marketing and solution provider on! Over 2 % pre-market today New area smart containers in Wisconsin marketing data cloud! Docket was last retrieved on January 6, by SOS P Dow Jones, ETF Movers: ETFs. And prevail in adjudicating complex claims, negotiating settlements and winning cases, Currencies: quotes... Movers: Includes ETFs & ETNs with volume of at least 50,000 materially from expectations! Trial practice Group in Houston acquisition of Niagara Development, Sherman Development LLC, and solutions to emergency... The SEC by SOS on January 19, 2023 on the 27th of June, 2022 it host! Past nine months, SOS announced that on the research and Development of big data, technology, solutions!