ATLANTA, March 17, 2023 (GLOBE NEWSWIRE) — Holzer & Holzer, LLC informs investors that a class action lawsuit has been filed against RYVYL Inc. (“RYVYL” or the “Company”) f/k/a GreenBox POS (NASDAQ: RVYL). The lawsuit alleges RYVYL made materially false and/or misleading statements and/or failed to disclose material adverse facts throughout the class period, including: (1) RYVYL downplayed its serious issues with its internal controls; (2) several of RYVYL’s financial statements throughout 2021 contained errors resulting in overstatements of revenue, assets, and stockholders’ equity and understatements of losses; (3) as a result, RYVYL would need to restate certain previously issued financial statements.
If you bought shares of RYVYL between January 29, 2021 and January 20, 2023 and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey Holzer, Esq. at cholzer@holzerlaw.com or Joshua Karr, Esq. at jkarr@holzerlaw.com, by toll-free telephone at (888) 508-6832 or you may visit the firm’s website at https://holzerlaw.com/case/ryvyl/ to learn more.
The deadline to ask the court to be appointed lead plaintiff in the case is April 3, 2023.
Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.
CONTACT:
Corey Holzer, Esq.
(888) 508-6832 (toll-free)
cholzer@holzerlaw.com
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