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The filed complaint alleges that Sezzle Inc. made materially false and/or misleading statements and/or failed to disclose that: On December 18, 2024, Hindenburg Research accused the company of engaging in unsustainable lending practices funded by high-interest loans, overstating its customer and merchant base, and allowing insiders to profit through margin loans. Hindenburg Research's report raises concerns regarding Sezzle’s financial health, and Sezzle's business model. Following this news, shares of Sezzle fell over 22% on the same day.
In order to be eligible to join the SEZL class action lawsuit, you must have incurred a loss on shares of Sezzle Inc. purchased during the class period listed above.
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