Underwriters Freed From Suit Against Fintech Co. Ryvyl

Gunnar Larson g at xny.io
Tue Mar 5 10:48:57 PST 2024


Underwriters Freed From Suit Against Fintech Co. Ryvyl
<https://www.law360.com/fintech/articles/1809594?nl_pk=d2b3e7ef-ab62-4a62-804a-08b1615aa913&utm_source=newsletter&utm_medium=email&utm_campaign=fintech&utm_content=2024-03-05&read_main=1&nlsidx=0&nlaidx=5>

By Katryna Perera

A California federal judge has dismissed the underwriters and significantly
trimmed the remaining claims in a case against fintech company Ryvyl Inc.
and certain executives, accusing them of concealing accounting issues,
saying the plaintiffs have adequately alleged only a few misleading
statements and knowledge of wrongdoing by one executive.

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<https://www.law360.com/fintech/articles/1809594?nl_pk=d2b3e7ef-ab62-4a62-804a-08b1615aa913&utm_source=newsletter&utm_medium=email&utm_campaign=fintech&utm_content=2024-03-05&read_more=1&nlsidx=0&nlaidx=5>
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<https://www.law360.com/fintech/articles/1809594?nl_pk=d2b3e7ef-ab62-4a62-804a-08b1615aa913&utm_source=newsletter&utm_medium=email&utm_campaign=fintech&utm_content=2024-03-05&read_later=1&nlsidx=0&nlaidx=5>
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