Press release
Investigation announced for Long Term Investors in shares of Ryvyl Inc. (NASDAQ: RVYL)
An investigation on behalf of current long term investors in Ryvyl Inc. (NASDAQ: RVYL) shares.
Investors who are current long term investors in Ryvyl Inc. (NASDAQ: RVYL) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NASDAQ: RVYL stocks follows a lawsuit filed against Ryvyl Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: RVYL stocks, concerns whether certain Ryvyl Inc. directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the Southern District of California the plaintiff alleges on behalf of investors of Ryvyl Inc. (NASDAQ: RVYL) common shares who purchased NASDAQ: RVYL shares pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company's January 29, 2021 public offering and/or between January 29, 2021 and January 20, 2023, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that the Registration Statement was false and/or misleading and/or failed to disclose that the Company would restate certain financials, that the Company's internal controls were inadequate, that the Company downplayed and obfuscated its internal controls issues, and that as a result, the registration statement was materially false and/or misleading at all relevant times.
Those who purchased shares of Ryvyl Inc. (NASDAQ: RVYL) 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.
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