The New York-based firm is actively recruiting participants for a prospective class action lawsuit, offering representation through a contingency fee arrangement that requires no out-of-pocket expenses from investors. Those who purchased affected mutual funds are encouraged to contact Phillip Kim to discuss potential eligibility for compensation.

Rosen Law Firm positions itself as a veteran in securities litigation, citing past recoveries, including a record-breaking settlement against a Chinese corporation and over $438 million secured for clients in 2019 alone. Founding partner Laurence Rosen, recognized by Law360 as a Titan of the Plaintiffs' Bar, emphasizes the importance of selecting counsel with a verified track record in shareholder derivative litigation.