Trending...
- California: Governor Newsom announces appointments 9.10.25 - 259
- John Thomas calls for unity and prayer after tragic loss - 228
- Ayurveda, Ayurvedic medical Science and Ayurvedic Therapies, Dr.Abhay Kumar Pati - 215
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 Triterras, Inc. ("Triterras" or "the Company") (NASDAQ: TRIT) 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. Triterras announced on December 17, 2020, that Rhodium Resources Pte. Ltd. Is pursuing a moratorium to protect itself from creditor actions while it plans a debt restructuring. The Company disclosed that "Rhodium was instrumental to the initial launch of the Company's Kratos platform and the platform's attractiveness to the commodities trading and trade financings communities," and that "substantially all of the users of the Kratos platform during the year ended February 29, 2020 were referred to the platform by Rhodium and its subsidiaries who accounted for 26.5% of the Company's revenues." Based on this news, shares of Triterras dropped by 31% on the same day.
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, 2049 Century Park East, Suite 2460, 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 brian@schallfirm.com.
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.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Triterras announced on December 17, 2020, that Rhodium Resources Pte. Ltd. Is pursuing a moratorium to protect itself from creditor actions while it plans a debt restructuring. The Company disclosed that "Rhodium was instrumental to the initial launch of the Company's Kratos platform and the platform's attractiveness to the commodities trading and trade financings communities," and that "substantially all of the users of the Kratos platform during the year ended February 29, 2020 were referred to the platform by Rhodium and its subsidiaries who accounted for 26.5% of the Company's revenues." Based on this news, shares of Triterras dropped by 31% on the same day.
More on The Californer
- Poncho Tha Popstar: The West's Next King
- Physician-Turned-Patient Launches Advocacy Campaign to Spotlight Disability Insurance Barriers
- Celebrity Chef Nicole Andrea Guzman Releases Her First Childrens Book
- Thorn Ridge® Creates a World of Legends & Lore
- Screenwriting Cruise Adds Howard Suber, Ph.D., to Inaugural 7-Day Screenwriting Lab at Sea
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, 2049 Century Park East, Suite 2460, 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 brian@schallfirm.com.
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.
Filed Under: Business
0 Comments
Latest on The Californer
- Dr. Vincent Malfitano Elected to Central Council of The Italian Catholic Federation, National Gov
- Your Body Isn't Broken—It's Out of Balance: The New Book Revealing the Blueprint to Restore Hormone Balance, Sleep, Gut & Metabolic Health
- Long Beach Recognizes September as National Preparedness Month, Relaunches Program to Connect Neighborhoods to Disaster Planning Resources
- SEEAG Adds Santa Barbara County Office, Student & Community Agriculture Learning Programs
- California claims victory – again – over Huntington Beach as appeals court rules against city's NIMBY violations of state law
- The Great Junk Hunt Returns to Roseville – A Vintage Shopping Adventure Awaits!
- Erdos Technologies CEO Dan Herbatschek Emphasizes the Importance of Software in Helping Companies Make More Intelligent Decisions on Inventory Flow and Management
- MyNamePlayer Empowers Educators to Create Inclusive Classrooms Through Correct Name Pronunciation
- Long Beach Seeks Volunteers for 41st Annual California Coastal Cleanup Day, September 20
- Youth Take the Lead: Kopp Foundation for Diabetes Hosts "By Youth, For Youth, With T1D" Gala on October 8 at Blue Bell Country Club
- Wise Business Plans Launches Business Plan Writing Services in San Diego to Propel Entrepreneurs
- Green Office Partner Named #1 Best Place to Work in Chicago by Crain's for 2025
- Apex Raises $200 Million Series D Financing
- CCHR, a Mental Health Watchdog Organization, Hosts Weekly Events Educating Citizens on Important Mental Health Issues
- "Leading From Day One: The Essential Guide for New Supervisors" Draws from 25+ Years of International Management Experience
- New Slotozilla Project Explores What Happens When the World Goes Silent
- Long Beach City Council Adopts Fiscal Year 2026 Budget
- Lights, Camera, Action Underway as The 23rd Oakland International Film Festival Shines Spotlight on Justice, Healing & Community
- California: Governor Newsom announces appointments 9.11.25
- The Two Faces of Charles D. Braun: How the Novel, Posthumously Yours, Came to Life