Step 1
Unite with Fellow Investors
Step 2
Choose the Best Attorney
Step 3
Provide Documents
Step 4
Follow Case Progress
Step 5
Get Payout
GBOX.US
id: 566, Created by Stan Vick Chase, Scout
Investors are to fight RYVYL Restatement Losses
How it works?
- We find Attorney for the Case
- Attorney files case on behalf of Investors
- You get updates and receive payout in case of success
Would it cost me anything?
- No, you do not pay anything out of your pocket neither to us, nor to Attorney
- Attorneys get % fee in case of success
- Platform charges service fee from Attorneys
What are the chances for success?
Every Case is unique, but statistically, 47% of Cases end up with a settlement.
Please see below recent successful cases:
How it works?
- We find Attorney for the Case
- Attorney files case on behalf of Investors
- You get updates and receive payout in case of success
Would it cost me anything?
- No, you do not pay anything out of your pocket neither to us, nor to Attorney
- Attorneys get % fee in case of success
- Platform charges service fee from Attorneys
What are the chances for success?
Every Case is unique, but statistically, 47% of Cases end up with a settlement.
Please see below recent successful cases:
On January 20, 2023, RYVYL Inc., formerly known as Greenbox POS, announced that its previous financial statements and related audit reports are not reliable and that it plans to file restatements.
The Company stated that the restatement of its financial statements will likely result in lower total revenue, higher net losses, lower total assets, and lower total stockholder equity. The company also disclosed that it has identified one or more material weaknesses in its internal control systems, specifically regarding accounting for complex business transactions.
On this news, RYVYL’s stock fell 14%, seriously damaging investors.
Taking all appeared facts into account, Investors have reasons to suspect that because of RYVYL and its Leaders' actions and omissions, shareholders could suffer damages when the true details entered the market.
Alleged Offence
Mismanagement,
Financial Misrepresentation,
Fraud,
Negligence,
Breach of Fiduciary duty,
Omissions
Suspected Party
Directors,
Management,
Service Provider
Security Type
Stocks
Trade Direction
Long
Shock Event Date
20 January 2023
Case number
23-CV-00185
Filing date
01 February 2023
Court
Southern District of California
Judge
Hon. Gonzalo P. Curiel