Ryvyl Inc. f/k/a GreenBox POS Class Action Lawsuit - RVYL

Company
Ryvyl Inc. f/k/a GreenBox POS (NASDAQ: RVYL)
Lead Plaintiff Deadline
April 3, 2023 (Expired)
Class Definition
securities: (1) pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company’s January 29, 2021 public offering; and/or (2) between January 29, 2021 and January 20, 2023

Expired

Lead Plaintiff Deadline

Apr 3, 2023

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Allegations

The filed complaint alleges that Ryvyl Inc. f/k/a GreenBox POS made materially false and/or misleading statements and/or failed to disclose that:

(1) Ryvyl downplayed serious issues with its internal controls; (2) Ryvyl’s financial statements for December 31, 2021 through and including interim periods ended September 30, June 30, and March 31, 2022 contained errors resulting in overstatements of revenue, assets, and stockholders’ equity and understatements of losses; (3) as a result, Ryvyl would need to restate its previously issued financial statements for those periods; and (4) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Eligibility

In order to be eligible to join the RVYL class action lawsuit, you must have incurred a loss on shares of Ryvyl Inc. f/k/a Greenbox POS purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in Ryvyl Inc. f/k/a Greenbox POS during the relevant time frame, you have until April 3, 2023 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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