TEAM, PHI & RVYL Class Action Reminders: Bronstein, Gewirtz & Grossman, LLC, A Successful Firm, Reminds Investors of Deadlines and to Actively Participate

PRESS RELEASE
Published March 31, 2023

NEW YORK, NY / ACCESSWIRE / March 31, 2023 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following publicly-traded companies. You can review a copy of the Complaints by visiting the links below or you may contact Peretz Bronstein, Esq. or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss, you can request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. A lead plaintiff acts on behalf of all other class members in directing the litigation. The lead plaintiff can select a law firm of its choice. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Bronstein, Gewirtz and Grossman, LLC, Friday, March 31, 2023, Press release picture

Atlassian Corporation (NASDAQ:TEAM)
Class Period: August 5, 2022 - November 3, 2022

Deadline: April 4, 2023
For more info:www.bgandg.com/team.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) macroeconomic factors were having a material adverse impact on Atlassian's business; (2) the slowing conversions from free to paid customers the Company was experiencing constituted a negative trend; (3) paid user growth also had slowed; and (4) as a result, defendants' positive statements about the Company's financial guidance, business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

PLDT Inc. (NYSE:PHI)
Class Period: January 1, 2019 - December 19, 2022

Deadline: April 7, 2023
For more info:www.bgandg.com/ivvd.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose, among other things, that: (1) there were capital spending budget overruns; (2) defendants failed to address weaknesses that allowed such budget overruns; and (3) as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

Ryvyl Inc. (f/k/a Greenbox POS) (NASDAQ:RVYL)

Class Period: (1) pursuant to the registration statement and prospectus issued in connection with the Company's January 29, 2021 initial public offering ("IPO"); or (ii) between January 29, 2021 and January 20, 2023

Deadline: April 3, 2023
For more info:www.bgandg.com/rvyl.

The Complaint alleges the Registration Statement was materially false and/or misleading because it misrepresented and failed to disclose the following adverse facts pertaining to the Company's business, operations and prospects, which were known to Defendants or recklessly disregarded by them. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company downplayed its serious issues with its internal controls; (2) the Company's financial statements for December 31, 2021 through and including interim periods ended September 30, June 30, and March 31, 2022 contained errors resulting in overstatements of revenue, assets, and stockholders' equity and understatements of losses; (3) as a result, the Company would need to restate its previously issued financial statements for those periods; and (4) as a result, Defendants' statements about its business, operations, and prospects, and the Registration Statement, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC



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https://www.accesswire.com/739180/TEAM-PHI-RVYL-Class-Action-Reminders-Bronstein-Gewirtz-Grossman-LLC-A-Successful-Firm-Reminds-Investors-of-Deadlines-and-to-Actively-Participate

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