Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, March 17, 2023 (GLOBE NEWSWIRE) — The Portnoy Law Firm advises RYVYL Inc. (“RYVYL” or the “Company”) f/k/a GreenBox POS (NASDAQ: RVYL) investors that a lawsuit filed on behalf of investors that purchased Fate securities (NASDAQ: FATE) between April 2, 2020 through January 5, 2023 (the “Class Period”).
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
During the class period, RYVYL is accused in the lawsuit of making statements that were materially false and/or misleading or not disclosing important negative facts. These alleged actions include: (1) minimizing the severity of its internal control problems; (2) making mistakes in several financial statements throughout 2021, which led to revenue, assets, and stockholders’ equity being overstated and losses being understated; and (3) consequently, RYVYL would have to revise some of its previously released financial statements.
Please visit our website to review more information and submit your transaction information.
The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
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