Trending...
- Melekel translates an inheritance from a distant past in new album titled Ancient Legacy
- Insure.com Names the Best Auto, Home, Life and Health Insurance Companies for 2023
- Justine Kelly Joins Jenny Craig as Executive Chef and Vice President of Culinary Strategy
LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Ryvyl Inc. ("RYVYL" or "the Company") (NASDAQ: RVYL) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. RYVYL announced on January 20, 2023, that its financial statements released since December 31, 2021, "can no longer be relied upon." The Company admitted that it is "expected that the restatement of the financial statements for the annual and interim periods referred to above will result in decreases to total revenue, increased net losses, decreases to total assets, and decreased total stockholder's equity." Based on this news, shares of RYVYL fell by 14.4% on January 23, 2023.
More on The Californer
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
More on The Californer
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
Contacts
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
info@schallfirm.com
www.schallfirm.com
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. RYVYL announced on January 20, 2023, that its financial statements released since December 31, 2021, "can no longer be relied upon." The Company admitted that it is "expected that the restatement of the financial statements for the annual and interim periods referred to above will result in decreases to total revenue, increased net losses, decreases to total assets, and decreased total stockholder's equity." Based on this news, shares of RYVYL fell by 14.4% on January 23, 2023.
More on The Californer
- Two Long Beach COVID-19 Testing and Vaccine Clinics to Relocate and Expand Operations
- Moorpark College to Launch Bachelor's Degree in Applied Biomanufacturing
- LA County Launches Fair Chance Hiring Program to Give System-Impacted Individuals an Equal Chance at Employment
- Workforce Development Board of Ventura County Invites Public Comments On Regional And Local Plans
- SUNCITY ADVISING Selected To Be A Part Of Google Ads Planning Advisory Council
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
More on The Californer
- My Lineage Proudly Supports Knights of Heroes
- Long Beach: City Announces Visual Improvement Grants Available for Small Businesses Impacted by Crime and Vandalism
- Kettering College Selects YuJa Enterprise Video Platform to Serve Students Pursuing Health Science Education
- $10,000 Grant From Palm Springs Women In Film & Television!s Filmmakers Lab And Stage 32
- 10 reasons why its intelligent to work with a Shopify partner to build Shopify Websites
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
Contacts
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
info@schallfirm.com
www.schallfirm.com
Filed Under: Business
0 Comments
Latest on The Californer
- We're In Paris Is Sidow Sobrino's Newly Released Song and Video
- How we organized a meetup for DevOps engineers
- J:COM Deploys Qwilt's Open Caching Solution to Deliver Superior Digital Experiences Across Japan
- Pine Creek Care Center Responds to Verdict in Rios Suit; Defends Care Provided
- Nautilus Launches "Dr. Prune" Caffeinated Prune Juice
- Tin Mok Appointed to Faraday Future's Board of Directors as an Executive Director
- Abusive Russian to face Pro Wrestling Legend!
- Jim Wilson, Top Notch Realtor in waterfront and beach properties in Redington, Redington Shores, and North Redington Beach, FLorida
- DPFTRAC'S Diesel Particulate Filter (DPF) Cleaning Standards, Procedures, Compliance, EPA 's PM 2.5
- Multi #1 International Best-Selling Author Jennifer S. Wilkov Announces the 2023 April Speak Up Women Conference and Call For Speakers
- JARRARD INC. ADDS RENOWNED HEALTHCARE COMMUNICATIONS EXECUTIVE TO ROSTER
- Ventura College Foundation Provides $776,264 Direct Student Support During 2021-2022 Academic Year
- California: State Water Project to Increase Expected 2023 Deliveries
- RealDefense Acquires SUPERAntiSpyware From Support.com
- Creators Society Animation Podcast Launches Season 3 With An Interview With Kristine Belson, President Of Sony Pictures Animation
- The King of Urban Content Introduces EVERYWHERE Theater
- The Mogharebi Group Brokers $7.25 Million Sale of Costa Mesa, CA Multifamily Community
- San Jose: : San José Celebrates Over $62 Million in Grants for Transportation Safety
- Elden Ring, Stray, God of War Ragnarök, and Pentiment Lead Finalists for the 23rd Annual Game Developers Choice Awards
- Verb Presents Welcomes Josh Dean, Author of The Taking of K-129, The Most Daring Covert Operation in US History