Laborers District Council Construction Industry Pension Fund, et al., vs. Sea Limited, et al.
Sea Limited 2023 Securities Litigation
Case No. CV-23-01455-PHX-DLR

 

There are multiple ways to submit a claim, please review the options below.

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File a Claim Online

Use our secure online claim portal to submit a claim online.

Electronic Filing

Electronic Claim submission is available to institutions filing on their own behalf or on behalf of others as well as to claim preparers filing on behalf of clients, or to individuals filing a large number of transactions who have requested or have been requested to file claims electronically.

Download a Claim Form

Download and print a claim form, and mail it to the Claims Administrator.

GENERAL INSTRUCTIONS

Deadline for Submission: June 23, 2025

To recover as a Class Member based on the claims in the Litigation, you must complete and, on page 8 hereof, sign the Proof of Claim.  If you fail to submit a properly addressed (as set forth in paragraph 3 below) Proof of Claim, your claim may be rejected and you may be precluded from any recovery from the Net Settlement Fund created in connection with the proposed Settlement.

Submission of the Proof of Claim, however, does not assure that you will share in the proceeds of the Settlement of the Litigation.

YOU MUST MAIL OR SUBMIT ONLINE YOUR COMPLETED AND SIGNED PROOF OF CLAIM, ACCOMPANIED BY COPIES OF THE DOCUMENTS REQUESTED HEREIN, ON OR BEFORE JUNE 23, 2025, TO THE COURT-APPOINTED CLAIMS ADMINISTRATOR, ADDRESSED AS FOLLOWS:

Sea Limited 2023 Securities Litigation
Claims Administrator
c/o JND Legal Administration
P.O. Box 91130
Seattle, WA  98111

Do not mail or deliver your Claim Form to the Court, the parties to the Litigation, or their counsel.  Submit your Claim Form only to the Claims Administrator at the address set forth above.  If you are NOT a Class Member, as defined in the Notice of Pendency and Proposed Settlement of Class Action (“Notice”), DO NOT submit a Proof of Claim.

If you are a Class Member and you do not timely request exclusion, you are bound by the terms of any judgment entered in the Litigation, including the releases provided therein, WHETHER OR NOT YOU SUBMIT A PROOF OF CLAIM.

CLAIMANT IDENTIFICATION

You are a Member of the Class if you purchased or otherwise acquired Sea Limited’s (“Sea”) publicly-traded American Depositary Shares (“ADSs”) during the period from November 15, 2022 through August 14, 2023, both dates inclusive (the “Class Period”), and are not otherwise excluded from the Class. Excluded from the Class are:  Defendants, the officers and directors of Sea (at all relevant times), members of their immediate families, and their legal representatives, heirs, successors, or assigns, and any entity in which any Defendant has a controlling interest.  Also excluded from the Class are those Persons who would otherwise be a Class Member who properly exclude themselves by submitting a valid and timely request for exclusion. Use Part I of the form entitled “Claimant Identification” to identify each purchaser or acquirer of record (“nominee”) of Sea ADSs that forms the basis of the claim. THE CLAIM MUST BE FILED BY THE ACTUAL BENEFICIAL PURCHASER(S) OR ACQUIRER(S) OR THE LEGAL REPRESENTATIVE OF SUCH PURCHASER(S) OR ACQUIRER(S) OF SEA ADSs UPON WHICH THE CLAIM IS BASED.

All joint purchasers or acquirers must sign the Proof of Claim.  Executors, administrators, guardians, conservators, and trustees must complete and sign the Proof of Claim on behalf of persons represented by them, and their authority must accompany the claim and their titles or capacities must be stated.  The last four digits of the Social Security (or full taxpayer identification) number and telephone number of the beneficial owner may be used in verifying the claim.  Failure to provide the foregoing information could delay verification of your claim or result in rejection of the claim.

CLAIM FORM

Use Part II entitled “Schedule of Transactions in Sea ADSs” of the Claim Form to supply all required details of your transaction(s) in Sea ADSs.  If you need more space or additional schedules, attach separate sheets giving all of the required information in substantially the same form.  Sign and print or type your name on each additional sheet.

On the schedules, provide all of the requested information with respect to all of your purchases, acquisitions, and sales of Sea ADSs that took place between November 15, 2022 and November 10, 2023, both dates inclusive, whether such transactions resulted in a profit or a loss.  You must also provide all of the requested information with respect to the number of Sea ADSs you held at the close of trading on November 14, 2022 and November 10, 2023.  Failure to report all such transactions may result in the rejection of your claim.

List each transaction separately and in chronological order, by trade date, beginning with the earliest.  You must accurately provide the month, day, and year of each transaction you list.

The date of covering a “short sale” is deemed to be the date of purchase of Sea ADSs.  The date of a “short sale” is deemed to be the date of sale of Sea ADSs.

COPIES OF BROKER CONFIRMATIONS OR OTHER DOCUMENTATION OF YOUR TRANSACTIONS IN SEA ADSs MUST BE ATTACHED TO YOUR CLAIM.  FAILURE TO PROVIDE THIS DOCUMENTATION COULD DELAY VERIFICATION OF YOUR CLAIM AND MAY RESULT IN REJECTION OF YOUR CLAIM.  THE PARTIES DO NOT HAVE INFORMATION ABOUT YOUR TRANSACTIONS IN SEA ADSs.

NOTICE REGARDING ELECTRONIC FILES:  Certain claimants with large numbers of transactions may request, or may be requested, to submit information regarding their transactions in electronic files.  All such claimants MUST also submit a manually signed paper Proof of Claim whether or not they also submit electronic copies.  If you wish to submit your claim electronically, you must contact the Claims Administrator at SLMSecurities@JNDLA.com to obtain the required file layout.  No electronic files will be considered to have been properly submitted unless the Claims Administrator issues to the claimant a written acknowledgment of receipt and acceptance of electronically submitted data.

REMEMBER TO ATTACH COPIES OF BROKER CONFIRMATIONS OR OTHER DOCUMENTATION OF YOUR TRANSACTIONS IN SEA ADSs.  FAILURE TO PROVIDE THIS DOCUMENTATION COULD DELAY VERIFICATION OF YOUR CLAIM OR RESULT IN REJECTION OF YOUR CLAIM.

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Mail
Sea Limited 2023 Securities Litigation
c/o JND Legal Administration
PO Box 91130
Seattle, WA 98111