DLO - DLO Class Action Notice: Robbins LLP Reminds Shareholders of Lead Plaintiff Deadline in DLocal Limited Securities Fraud Class Action | Benzinga
SAN DIEGO, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a shareholder filed a class action lawsuit on behalf of persons and entities that purchased or otherwise acquired DLocal Limited (NASDAQ:DLO) securities between May 2, 2022 and May 25, 2023. DLocal operates a payment processing platform for merchants worldwide and, as part of its operations, engages in certain foreign exchange transactions.
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What is this Case About: DLocal Limited (DLO) Failed to Disclose it had Deficient Compliance Controls and Procedures
According to the complaint, during the class period, defendants failed to disclose that: (i) DLocal engaged in certain improper conduct and transfers abroad in violation of Argentine laws and/or regulations, including, inter ...