ATLANTA, GA – – (Globe Newswire – March 17, 2023) – – 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: RYVL). 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 firstname.lastname@example.org or Joshua Karr, Esq. at email@example.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.
Lead Plaintiff Deadline Has Passed
April 3, 2023