Levi & Korsinsky, LLP announces that a securities class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Evolution AB (publ) (OTC: EVVTY) securities.
If you suffered a loss on your Evolution AB investment and would like to explore a potential recovery under the federal securities laws, submit to us or contact Joseph E. Levi, Esq. via email at [email protected] or call 212-363-7500 to speak to our team of experienced shareholder advocates.
THE LAWSUIT: Feb 14 2019 - Oct 25 2023
CASE DETAILS: The filed complaint alleges that Evolution AB (publ) made materially false and/or misleading statements and/or failed to disclose that: (1) in “allowing play” from certain jurisdictions, multiple customers of Evolution AB’s were, or were deemed by regulators to be, unlicensed and/or in breach of the laws of those jurisdictions; and (2) defendants’ statements were false, as they misrepresented the extent of Evolution AB’s involvement with regulatorily noncompliant customers. When the true details entered the market, the lawsuit claims that investors suffered damages.
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