Finance

ROSEN, A Pioneering Law Firm, Calls On DLocal Limited Investors To Act Before Significant Securities Class Action Deadline - DLO

Published November 18, 2023

NEW YORK, Nov. 17, 2023 — In a pressing announcement to the investment community, ROSEN, a globally recognized investor rights law firm, is urging the shareholders of DLocal Limited, trading under the ticker DLO on NASDAQ, to take decisive action. Investors who have acquired securities of DLocal Limited during the Class Period — spanning from May 2, 2022, to May 25, 2023 — are reminded of a critical impending deadline: December 5, 2023. This date marks the cutoff for potential lead plaintiffs to make their voices heard in a significant securities class action suit that has been initiated against the company.

The Allegations Against DLocal Limited

The class action lawsuit represents a critical juncture for investors who allege the company may have issued materially misleading business information to the investing public. The period in question has seen shareholders navigate through market uncertainties, and this lawsuit stands as a beacon for those who believe they have suffered financial damages due to potential corporate misrepresentations or omissions by DLocal Limited.

Investors' Opportunity to Lead

Assuming the mantle of lead plaintiff is not a mandatory action for affected shareholders, but it is a vital opportunity that allows for greater influence and control over the direction and substance of the litigation. ROSEN Law Firm emphasizes that the role is geared towards those investors who have a substantial interest in the proceedings, typically marked by a significant financial loss due to the actions of the defendant. The firm is equipped to provide guidance and counsel to such individuals as they step up to safeguard their investments and potentially recoup their losses.

Investment, Securities, Deadline