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TRIRF.US
id: 248, Created by Iaroslav Semashko, Scout

Triterras Inc

Claim deadline for this case already passed by, but we can still try and file for compensation for you
Claim payout
S.D. New York
Court
29 Jun 2020
Class period Start
14 Jan 2021
Class period End
01 Sept 2022
Claim deadline
Erlandson v. Triterras, Inc., et al. In general, Plaintiffs allege that Defendants failed to disclose or otherwise misrepresented information about several subjects: (i) relationships between insiders at Defendant Netfin Acquisition Corporation ("Netfin") and Defendant Triterras Fintech Pte. Ltd. ("Fintech") and the employment history of certain executives, some of whom occupied management-level positions at Triterras; (ii) the way in which Netfin’s acquisition of Fintech arose in the series of transactions which resulted in Triterras’s formation; (iii) related-party Rhodium Resources Pte. Ltd.'s ("Rhodium") financial condition and implications for Triterras’s business; (iv) the users of Fintech’s trading platform; and (v) the state of the commodities trade financing industry. The Complaint alleges that investors suffered losses under the Securities Act and the Exchange Act when the trading price of Triterras securities declined after the December 17, 2020 disclosure on Rhodium and the publication of reports on December 17, 2020 and January 14, 2021 about insider relationships, alleged related-party transactions, and other information.
Alleged Offence
Other
Suspected Party
Other
Security Type
Stocks
Trade Direction
Long
Lead plaintiff
Erlandson, Raffaelle Ferraiori
Attorney
Robbins Geller Rudman & Dowd LLP
Administrator
Gilardi & Co LLC
Court hearing date
06 September 2022
+$9,000,000
Total Settlement Amount
Created by Iaroslav Semashko, Scout

Triterras Inc

Triterras, Inc. operates as a fintech company in the United Arab Emirates, Singapore, Hong Kong, Malaysia, and internationally. It operates Kratos, a digital platform for trade finance and physical...

    Ticker
    TRIRF.US
    ISIN
    KYG9103H1020
    CIK
    0001819876
    Sector
    Technology
    Industry
    Software-Application
    Country
    USA
    Address
    9 Raffles Place, Singapore, Singapore, 048619