Deadline on June 22nd coming up in Lawsuit for Investors in shares of Verus International, Inc. (OTC: VRUS)

A deadline is coming up on June 22, 2021 in the lawsuit filed for certain investors of Verus International, Inc. (OTC: VRUS).

Investors who purchased shares of Verus International, Inc. (OTC: VRUS) have certain options and there are strict and short deadlines running. Deadline: June 22, 2021. OTC: VRUS 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 District of Maryland the plaintiff alleges on behalf of purchasers of Verus International, Inc. (OTC: VRUS) common shares between June 17, 2019 and October 8, 2020, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between June 17, 2019 and October 8, 2020, the defendants made false and/or misleading statements and/or failed to disclose that Verus lacked the requisite resources, infrastructure and/or expertise to exploit its Big League Foods brand and its Major League Baseball (MLB) license, that the Company issues in production ramp-up were not fully resolved to enable the Company to fulfill customer orders, that as a result, the Company’s prospects and outlook were not as represented, that the Company’s internal controls for financial reporting and accounting were not sufficient with specific respect to stock-based compensation and classification of equity instruments, that as a result, the Company’s financial results, outlook and prospects were materially worse than represented, and that as a result of the foregoing, the Company’s public statements were materially false and misleading at all relevant times.

Those who purchased shares of Verus International, Inc. (OTC: VRUS) have certain options and should contact the Shareholders Foundation.

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 lawsuits, 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.

This release was published on openPR.