DLO - SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in DLocal Limited of Class Action Lawsuit and Upcoming Deadline – DLO | Benzinga
NEW YORK, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against DLocal Limited ("DLocal" or the "Company") (NASDAQ:DLO) and certain officers. The class action, filed in the United States District Court for the Eastern District of New York, and docketed under 23-cv-07501, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired DLocal securities between May 2, 2022 and May 25, 2023, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
If you are a shareholder who purchased or otherwise acquired DLocal securities during the Class Period, you have until December 5, 2023 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at newaction@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
[Click here for information about joining the class action]
DLocal operates a payment processing platform for merchants worldwide and, as part of its operations, engages in certain foreign exchange transactions. As a result, ...