NEW YORK,
June 2,
2023 /PRNewswire/ -- Jakubowitz Law announces that a
securities fraud class action lawsuit has commenced on behalf of
shareholders of Virtu Financial, Inc. (NASDAQ: VIRT).
To receive updates on the lawsuit, fill out
the
form:
https://claimyourloss.com/securities/virtu-class-action-loss-submission-form/?id=40178&from=4
The lawsuit seeks to recover losses for
shareholders who purchased Virtu between March 1, 2019 and April 28, 2023.
Shareholders interested in acting as a lead
plaintiff representing the class of wronged shareholders have until
July 18, 2023 to petition the
court. Your ability to share in any recovery doesn't require that
you serve as a lead plaintiff.
According to a filed complaint, Virtu Financial,
Inc. issued materially false and/or misleading statements and/or
failed to disclose that: (i) the Company maintained deficient
policies and procedures with respect to its information access
barriers; (ii) accordingly, Virtu had overstated the Company's
operational and technological efficacy as well as its capacity to
block the exchange of confidential information between departments
or individuals within the Company; (iii) the foregoing deficiencies
increased the likelihood that the Company would be subject to
enhanced regulatory scrutiny; and (iv) as a result, defendants'
public statements were materially false and/or misleading at all
relevant times.
Jakubowitz Law is vigorous in pursuit of justice
for shareholders who have been the victim of securities fraud.
Attorney advertising. Prior results do not guarantee similar
outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (628) 895-0423
F: (212) 537-5887
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content:https://www.prnewswire.com/news-releases/virt-shareholder-alert-jakubowitz-law-reminds-virtu-shareholders-of-a-lead-plaintiff-deadline-of-july-18-2023-301840858.html
SOURCE Jakubowitz Law