NEW YORK, Oct. 13, 2023 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, reminds investors that a class action lawsuit has been filed against DLocal Ltd ("DLocal" or the "Company") (NASDAQ:DLO) in the United States District Court for the Eastern District of New York on behalf of all persons and entities who purchased or otherwise acquired DLocal securities between May 2, 2022 and May 25, 2023, both dates inclusive (the "Class Period"). Investors have until 12/05/2023 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
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DLocal operates a payment processing platform for merchants worldwide and, as part of its operations, engages in certain foreign exchange transactions.
The DLocal class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) DLocal ...