STOCK ALERT: TOP RANKING LAW FIRM ROSEN Encourages Nuvei Corporation Investors With Losses Over $ 100,000 to Learn About Class Action Investigation – NVEI | Business


NEW YORK – (BUSINESS WIRE) – December 30, 2021–

WHY: Rosen Law Firm, a global investor rights law firm, announces investigation of potential securities claims on behalf of shareholders of Nuvei Corporation (NASDAQ: NVEI) arising from allegations that Nuvei may have provided misleading marketing information to the investing public.

SO WHAT: If you have purchased Nuvei securities, you may be entitled to compensation without payment of out-of-pocket expenses or fees under a contingency fee agreement. Rosen law firm is preparing a class action lawsuit to recover investors’ losses.

WHAT DOES IT TALK ABOUT: On December 8, 2021, market analyst Spruce Point Capital Management released a report regarding Nuvei which alleged, among other things, that Nuvei is “a highly promoted payment processing technology company,” which “concealed a pattern of business failures, lack of organic growth and a network of relationships with individuals linked to major Ponzi schemes and suspected fraudulent activity[.]”

On this news, the Nuvei stock price fell $ 39.38, or 40%, to close at $ 57.97 per share on December 8, 2021, on unusually high trading volume.

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 Titan of Plaintiffs’ Bar. Many of the firm’s lawyers have been recognized by Lawdragon and Super Lawyers.

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CONTACT: Laurence Rosen, Esq.

275 Madison Avenue, 40th Floor

Toll free: (866) 767-3653



SOURCE: Rosen Law Firm, Pennsylvania

Copyright Business Wire 2021.

PUB: 12/30/2021 9:31 am / DISC: 12/30/2021 9:31 am

Copyright Business Wire 2021.


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