EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit Against RYVYL Inc. f/k/a Greenbox POS
Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Ryvyl Inc. f/k/a Greenbox POS RVYL GBOX))): (i) pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company's January 29, 2021 public offering (the "Offering"); and/or (ii) between January 29, 2021 and January 20, 2023, both dates inclusive (the "Class Period"). The lawsuit seeks to recover damages for Ryvyl's investors under the federal securities laws.
To join the Ryvyl class action, go to https://rosenlegal.com/submit-form/?case_id=11425 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
According to the lawsuit, the Registration Statement was false and/or misleading and/or failed to disclose that: (1) the Company would restate certain financials; (2) the Company's internal controls were inadequate; (3) the Company downplayed and obfuscated its internal controls issues; and (4) as a result, the registration statement was materially false and/or misleading at all relevant times.
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