There were 1,269 press releases posted in the last 24 hours and 411,925 in the last 365 days.

Ryvyl Inc. Investors: Company Investigated by the Portnoy Law Firm

Investors can contact the law firm at no cost to learn more about recovering their losses

/EIN News/ -- LOS ANGELES, Jan. 26, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Ryvyl Inc (“Ryvyl” or “the Company”) (NASDAQ: RVYL) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors.Planet Fitness investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq.

Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.

After the market closed on January 20, 2023, Ryvyl announced that the financial statements for the year-end and interim periods for fiscal 2021 and 2022 were unreliable. The company said it plans to file restatements, which will show a decrease in revenue, an increase in net losses, a decrease in assets, and a decrease in stockholders' equity. Ryvyl also revealed that it had identified issues with its internal controls over financial reporting, including a problem with accounting for certain complex business transactions. Following this announcement, the company's stock price dropped 14.6% to $0.70 per share on January 23, 2023, causing harm to investors.

Please visit our website to review more information and submit your transaction information.

The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.

Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com

Attorney Advertising


Primary Logo