BOSTON, MA / ACCESSWIRE / January 24, 2023 / Block & Leviton is investigating DLocal Ltd. (NASDAQ:DLO) for potential securities law violations. Investors who have lost money in their DLocal Ltd. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://www.blockleviton.com/cases/dlo.
What is this all about?
On November 16, 2022, Muddy Waters Research issued a report on DLocal Ltd., alleging issues at the company including: conflicting disclosures, accounting discrepancies between key subsidiaries, outsized foreign exchange gains, and significant insider selling shortly after DLocal went public. On this news shares of DLocal Ltd. fell more than 25% in intraday trading on November 16, 2022.
Who is eligible?
Anyone who purchased DLocal Ltd. stock and has lost money may be eligible, whether or not they have sold their investment. Investors should contact Block & Leviton to learn more.
What is Block & Leviton doing?
Block & Leviton is investigating whether the Company committed securities law violations and may file an action to attempt to recover losses on behalf of investors who have lost money.
What should you do next?
Why should you contact Block & Leviton?
Many law firms have issued releases about this matter; most of those firms do not actually litigate securities class actions. Block & Leviton is a law firm that actually litigates cases. We are dedicated to obtaining significant recoveries on behalf of defrauded investors through active litigation in the federal courts across the country. Many of the nation's top institutional investors hire us to represent their interests. You can learn more about us at our website, www.blockleviton.com, or call (617) 398-5600 or email [email protected] with any questions.
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SOURCE: Block & Leviton LLP