ACCESSWIRE
04 Feb 2023, 03:43 GMT+10
LOS ANGELES, CA / ACCESSWIRE / February 3, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Ryvyl Inc. f/k/a Greenbox POS ('RYVYL' or 'the Company') (NASDAQ:RVYL, GBOX) for violations of the federal securities laws.
Investors who purchased the Company's securities pursuant and/or traceable to the Company's initial public offering conducted on January 29, 2021 (the 'IPO') and/or between January 29, 2021 and January 20, 2023, both dates inclusive (the 'Class Period'), are encouraged to contact the firm before April 3, 2023.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. RYVYL failed to maintain appropriate internal controls. The Company downplayed the extent of its internal control problems. The Company was forced to restate certain financial reports. Based on these facts, the Company's public statements were false and materially misleading throughout the IPO and class period. When the market learned the truth about RYVYL, investors suffered damages.
Join the case to recover your losses.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]
SOURCE: The Schall Law Firm
Get a daily dose of Raleigh Times news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Raleigh Times.
More InformationNEW YORK, New York - U.S. stocks spent most of Tuesday meandering, with the major indices closing out the day ...
DEARBORN, Michigan: This week, Ford said a six-week United Auto Workers (UAW) strike cut its sales by some 100,000 vehicles ...
WASHINGTON D.C.: This week, the Biden administration adopted a new rule aimed at reducing methane emissions, which targets the role ...
AUSTIN, Texas: During an event held this week in Austin, Texas, Tesla CEO Elon Musk said the electric vehicle (EV) ...
NEW YORK, New York - U.S. stocks closed mixed on Monday following on from last week's volatility."Digestion is the word ...
REDMOND, Washington: Microsoft President Brad Smith said there is no chance of super-intelligent artificial intelligence (AI) being developed within the ...
WASHINGTON D.C.: After a House Ethics Committee report found substantial evidence that he broke the law, New York Republican representative ...
This campaign explores ice hockey players' influence and popularity beyond their National Hockey League (NHL) careers. The goal was to ...
(Photo credit: William Purnell-USA TODAY Sports) Donald Hand Jr. scored a career-high 16 points to lead Boston College to an ...
(Photo credit: Nathan Ray Seebeck-USA TODAY Sports) Penn State isn't pointing fingers as it takes a four-game losing streak into ...
(Photo credit: Nelson Chenault-USA TODAY Sports) Khalif Battle racked up 25 points off the bench and Arkansas put away Furman ...
(Photo credit: Petre Thomas-USA TODAY Sports) One of the last undefeated teams in the Southeastern Conference will try to keep ...