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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Ryvyl Inc. - RVYL
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Ryvyl Inc. - RVYL
New York, New York--(Newsfile Corp. - February 2, 2023) - Pomerantz LLP is investigating claims on behalf of investors of Ryvyl Inc. ("Ryvyl" or the "Company") (NASDAQ: RVYL). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Ryvyl and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On January 20, 2023, after the market closed, Ryvyl announced that its previous financial statements for the year-end and interim periods for fiscal 2021 and 2022 "can no longer be relied upon." The Company anticipated filing restatements, which will "result in decreases to total revenue, increased net losses, decreases to total assets, and [decrease] total stockholder's equity." The Company also disclosed that it had determined "one or more material weaknesses" in its internal control over financial reporting, including a "material weakness related to accounting for certain complex business transactions."
On this news, Ryvyl's stock price fell $0.12 per share, or 14.6%, to close at $0.70 per share on January 23, 2023.
The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See .
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
To view the source version of this press release, please visit
New York, New York--(Newsfile Corp. - February 2, 2023) - Pomerantz LLP is investigating claims on behalf of investors of Ryvyl Inc. ("Ryvyl" or the "Company") (NASDAQ: RVYL). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
紐約,紐約-(Newsfile Corp.-2023年2月2日)-Pmerantz LLP正在代表Ryvyl Inc.(以下簡稱Ryvyl或該公司)(納斯達克:RVYL)的投資者調查索賠。建議這樣的投資者聯繫Robert S.Willoughby,電子郵件:newaction@pomlaw.com或888-476-6529轉分機。7980號。
The investigation concerns whether Ryvyl and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
調查涉及Ryvyl及其某些高管和/或董事是否從事證券欺詐或其他非法商業行為。
[Click here for information about joining the class action]
[有關加入集體訴訟的資訊,請單擊此處]
On January 20, 2023, after the market closed, Ryvyl announced that its previous financial statements for the year-end and interim periods for fiscal 2021 and 2022 "can no longer be relied upon." The Company anticipated filing restatements, which will "result in decreases to total revenue, increased net losses, decreases to total assets, and [decrease] total stockholder's equity." The Company also disclosed that it had determined "one or more material weaknesses" in its internal control over financial reporting, including a "material weakness related to accounting for certain complex business transactions."
2023年1月20日,在股市收盤後,Ryvyl宣佈,其之前的2021財年和2022財年年末和中期財務報表“不再可靠”。該公司預計將提交重述,這將“導致總收入減少,淨虧損增加,總資產減少,股東權益總額減少”。該公司還披露,它已確定其財務報告的內部控制存在“一個或多個重大弱點”,包括“與某些複雜商業交易的會計有關的重大弱點”。
On this news, Ryvyl's stock price fell $0.12 per share, or 14.6%, to close at $0.70 per share on January 23, 2023.
受此消息影響,2023年1月23日,Ryvyl的股價下跌了0.12美元,跌幅為14.6%,收於每股0.70美元。
The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See .
波美蘭茨律師事務所在紐約、芝加哥、洛杉磯和巴黎設有辦事處,被公認為公司、證券和反壟斷類訴訟領域的頂級律師事務所之一。由已故的亞伯拉罕·L·波美蘭茨創立的波美蘭茨是證券集體訴訟領域的先驅,他被稱為集體訴訟律師事務所的負責人。80多年後的今天,波美蘭茨律師事務所延續了他建立的傳統,為證券欺詐、違反受託責任和公司不當行為的受害者爭取權利。該公司已經代表班級成員追回了無數數百萬美元的損害賠償金。請看。
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
聯繫方式:
羅伯特·S·威洛比
波美蘭茨律師事務所
郵箱:rswilloughby@pomlaw.com
888-476-6529分機7980
To view the source version of this press release, please visit
要查看本新聞稿的源版本,請訪問
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Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd.,Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc和Moomoo Securities Malaysia Sdn. Bhd., 是關聯公司。
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moomoo是Moomoo Technologies Inc.公司提供的金融資訊和交易應用程式。
在美國,moomoo上的投資產品和服務由Moomoo Financial Inc.提供,一家受美國證券交易委員會(SEC)監管的持牌主體。 Moomoo Financial Inc.是金融業監管局(FINRA)和證券投資者保護公司(SIPC)的成員。
在新加坡,moomoo上的投資產品和服務是通過Moomoo Financial Singapore Pte. Ltd.提供,該公司受新加坡金融管理局(MAS)監管(牌照號碼︰CMS101000) ,持有資本市場服務牌照 (CMS) ,持有財務顧問豁免(Exempt Financial Adviser)資質。本內容未經新加坡金融管理局的審查。
在澳大利亞,moomoo上的金融產品和服務是通過Futu Securities (Australia) Ltd提供,該公司是受澳大利亞證券和投資委員會(ASIC)監管的澳大利亞金融服務許可機構(AFSL No. 224663)。請閱讀並理解我們的《金融服務指南》、《條款與條件》、《隱私政策》和其他披露文件,這些文件可在我們的網站 https://www.moomoo.com/au中獲取。
在加拿大,透過moomoo應用程式提供的僅限訂單執行的券商服務由Moomoo Financial Canada Inc.提供,並受加拿大投資監管機構(CIRO)監管。
在馬來西亞,moomoo上的投資產品和服務是透過Moomoo Securities Malaysia Sdn. Bhd. 提供,該公司受馬來西亞證券監督委員會(SC)監管(牌照號碼︰eCMSL/A0397/2024) ,持有資本市場服務牌照 (CMSL) 。本內容未經馬來西亞證券監督委員會的審查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd.,Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc和Moomoo Securities Malaysia Sdn. Bhd., 是關聯公司。
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