NEW YORK, December 7, 2021 (GLOBE NEWSWIRE) – WHY: Rosen Law Firm, a global investor rights law firm, reminds buyers of StoneCo Ltd. securities (STNE) between March 11, 2021 and November 16, 2021 inclusive (the “Recourse Period”) Principal applicant deadline of January 18, 2022.
SO WHAT: If you purchased Stone Securities during the Class Period, you may be entitled to compensation without payment of any fees or charges through a contingency fee agreement.
WHAT TO DO NEXT: To join the Stone class action lawsuit, visit http://www.rosenlegal.com/cases-register-2203.html or call Phillip Kim, Esq. toll free at 866-767-3653 or by email [email protected] Where [email protected] for more information on the class action. A class action has already been filed. If you wish to act as the principal applicant, you must apply to the Court no later than January 18, 2022. A principal plaintiff is a representative party acting on behalf of the other members of the class to direct the litigation.
WHY THE ROSEN LAW: We encourage investors to select qualified advisors with a track record of success in leadership roles. Often, companies issuing opinions do not have significant experience, resources or recognition by their peers. Be wise in choosing a lawyer. Rosen law firm represents investors around the world, focusing its practice on class actions in securities and derivative litigation between shareholders. Rosen law firm has secured the largest securities class action settlement against a Chinese company. Rosen law firm was ranked # 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017. The firm has been ranked in the top 4 every year since 2013 and has recovered hundreds millions of dollars for investors. In 2019 alone, the company raised more than $ 438 million for investors. In 2020, founding partner Laurence Rosen was appointed by law360 as the Titan of Plaintiffs’ Bar. Many of the firm’s lawyers have been recognized by Lawdragon and Super Lawyers.
CASE DETAILS: According to the lawsuit, the defendants throughout the Class Period made false and / or misleading statements and / or failed to disclose that: (1) Stone was having difficulty implementing its credit product; (2) Stone faced significant risk through its point of sale provider, PAX Global Technology Ltd. ; (3) due to the above, the financial results of the Company would be adversely affected; and (4) as a result of the foregoing, the defendants’ positive statements about the business, operations and prospects of the Company were materially misleading and / or lacked reasonable basis. When the real details entered the market, the lawsuit claims that investors have suffered damage.
To join the Stone class action lawsuit, visit http://www.rosenlegal.com/cases-register-2203.html or call Phillip Kim, Esq. toll free at 866-767-3653 or by email [email protected] Where [email protected] for more information on the class action.
No class has been certified. Until a group is certified, you are not represented by a lawyer unless you hire one. You can choose the lawyer of your choice. You can also remain an absent group member and do nothing at this point. The ability of an investor to participate in any potential future payback does not depend on whether he is a principal applicant.
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Laurence Rosen, Esq.
Phillip Kim, Esq.
Rosen Law Firm, Pennsylvania
275 Madison Avenue, 40th Floor
New York, New York 10016
Phone. : (212) 686-1060
Toll free: (866) 767-3653
Fax: (212) 202-3827