Press release
Long-Term Investors who lost money with Blue Ridge Bankshares, Inc. (NYSE: BRBS) should contact the Shareholders Foundation
An investigation on behalf of current long term investors in Blue Ridge Bankshares, Inc. (NYSE: BRBS) shares.
Investors who are current long term investors in Blue Ridge Bankshares, Inc. (NYSE: BRBS) 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 NYSE: BRBS stocks follows a lawsuit filed against Blue Ridge Bankshares, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: BRBS stocks, concerns whether certain Blue Ridge Bankshares, 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 Eastern District of New York the plaintiff alleges that, the defendants made materially false and/or misleading statements and/or failed to disclose that Blue Ridge Bankshares, Inc.'s financial statements from March 10, 2023 to the present included certain errors, that as a result, Blue Ridge Bankshares would need to restate its previously filed financial statements from March 10, 2023 to October 31, 2023, and that as a result, Defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all times. When the true details entered the market, the lawsuit claims that investors suffered damages.
Those who purchased shares of Blue Ridge Bankshares, Inc. (NYSE: BRBS) 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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