NEW
YORK, Nov. 21, 2023 /PRNewswire/ -- The Gross
Law Firm issues the following notice to shareholders of DLocal
Limited.
Shareholders who purchased shares of DLO during the class period
listed are encouraged to contact the firm regarding possible lead
plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/dlocal-loss-submission-form/?id=56469&from=4
CLASS PERIOD: May
2, 2022 to May 25, 2023
ALLEGATIONS: The complaint
alleges that during the class period, Defendants
issued materially false and/or misleading statements and/or failed
to disclose that: (i) DLocal engaged in certain improper conduct
and transfers abroad in violation of Argentine laws and/or
regulations, including, inter alia, foreign exchange regulations;
(ii) accordingly, DLocal's compliance controls and procedures,
including its disclosure controls and procedures and internal
controls over financial reporting, were deficient; (iii) all the
foregoing subjected the Company to a heightened risk of
governmental and/or regulatory scrutiny in Argentina and/or enforcement action by
Argentine authorities; and (iv) as a result, the Company's public
statements were materially false and misleading at all relevant
times.
DEADLINE: December 5,
2023 Shareholders should not delay in registering for
this class action. Register your information here:
https://securitiesclasslaw.com/securities/dlocal-loss-submission-form/?id=56469&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you
register as a shareholder who purchased shares of DLO during the
timeframe listed above, you will be enrolled in a portfolio
monitoring software to provide you with status updates throughout
the lifecycle of the case. The deadline to seek to be a lead
plaintiff is December 5, 2023. There
is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is
a nationally recognized class action law firm, and our mission is
to protect the rights of all investors who have suffered as a
result of deceit, fraud, and illegal business
practices. The Gross Law Firm is committed to ensuring that
companies adhere to responsible business practices and engage in
good corporate citizenship. The firm seeks recovery on behalf of
investors who incurred losses when false and/or misleading
statements or the omission of material information by a company
lead to artificial inflation of the company's stock. Attorney
advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
View original content to download
multimedia:https://www.prnewswire.com/news-releases/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-dlocal-limited-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-december-5-2023--nasdaq-dlo-301994162.html
SOURCE The Gross Law Firm