PHILADELPHIA, Aug. 16,
2023 /PRNewswire/ -- Investor lawyers at the Rosca
Scarlato law firm are investigating allegations of securities
violations, corporate misconduct, and misrepresentations involving
Freedom Holding and/or its directors and officers. The Rosca
Scarlato attorneys are preparing to take action and seek
compensation and/or other redress on behalf of any injured FRHC
shareholders.
Freedom Holding investors who are concerned about the FRHC stock
price performance, and would like to discuss potential claims may
contact Alan Rosca at
arosca@rscounsel.law, 888-998-0530, or through the contact form on
the Freedom Holding Class Action Investigation page.
In early August 2023, the
company's latest annual report acknowledged the existence of
material weaknesses in its internal control over financial
reporting. On August 15, a research
report published by an investor and short seller
alleged that the company disregarded anti-money
laundering and know-your-customer rules, improperly conducted
business with individuals subject to international sanctions
imposed in connection with the Russia-Ukraine conflict, failed to timely make
relevant disclosures, engaged in market manipulation, and failed to
disclose that it had been subject of an investigation by the
Securities and Exchange Commission since October 2021.
Freedom Holding Shareholders May Be Able to Pursue Claims for
Compensation
Investor rights attorneys Alan
Rosca and Paul Scarlato at
Rosca Scarlato are evaluating potential claims for compensation
and/or other redress on behalf of FRHC shareholders. They have
decades of combined experience representing victims of corporate or
financial misconduct.
If you are a current Freedom Holding investor and would like to
learn more about potential options for compensation and/or other
redress, you may contact attorneys Rosca and Scarlato for a
free evaluation of your potential claims.
The Rosca Scarlato attorneys take cases like this on a
contingency fee basis, advance all case expenses, and only get paid
for their fees and expenses if and when they are successful,
following review by the Court of any fee application.
Visit https://investorlawyers.org for more information about the
firm and the attorneys. You can also contact them at:
Rosca Scarlato LLC – 216-946-7070 / 888-998-0530
Alan Rosca –
arosca@rscounsel.law
Paul Scarlato –
pscarlato@rscounsel.law
- This release may be deemed to include Attorney Advertising.
There has been no finding of liability as to the allegations
herein.
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SOURCE Rosca Scarlato LLC