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Deadline on Feb. 17th coming up for Investors in Green Dot Corporation (NYSE: GDOT)

02-10-2020 04:21 PM CET | Politics, Law & Society

Press release from: Shareholders Foundation

A Deadline is coming up on February 17, 2020 in the lawsuit for certain investors in Green Dot Corporation (NYSE: GDOT).

A Deadline is coming up on February 17, 2020 in the lawsuit for certain investors in Green Dot Corporation (NYSE: GDOT).

The Shareholders Foundation announced that a deadline is coming up on February 17, 2020 in the lawsuit filed for certain investors of Green Dot Corporation (NYSE: GDOT) over alleged securities laws violations by Green Dot Corporation.

Investors who purchased shares of Green Dot Corporation (NYSE: GDOT) have certain options and there are strict and short deadlines running. Deadline: February 17, 2020. NYSE: GDOT stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the Central District of California the plaintiff alleges on behalf of purchasers of Green Dot Corporation (NYSE: GDOT) common shares between May 9, 2018 and November 7, 2019, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between May 9, 2018 and November 7, 2019, Green Dot made false and/or misleading statements and/or failed to disclose that Green Dot's strategy to attract "high-value" long-term customers was at the expense of "one and done" customers, that Green Dot's "one and done" customers represented a significant source of revenues in its legacy segment, that consequently, Green Dot's strategy was self-sabotaging, and that as a result of the foregoing, Defendants' statements about its business and operations

Those who purchased shares of Green Dot Corporation (NYSE: GDOT) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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