Rosen Law Firm Advocates for DLocal Limited Investors Before Critical Deadline in Securities Class Action - DLO

NEW YORK, Nov. 13, 2023 (GLOBE NEWSWIRE) - Rosen Law Firm, recognized globally for its dedication to investor rights, has issued an important investor alert regarding DLocal Limited DLO. The firm is urging individuals who have purchased DLO securities between May 2, 2022, and May 25, 2023, to come forward and secure legal counsel prior to the imminent deadline for the lead plaintiff application, which is on December 5, 2023.

Class Period and Securities Action Details

DLocal Limited, represented by its ticker DLO on the NASDAQ, has been at the center of a securities class action that is drawing increasing attention. This legal motion is painted on a timeline stretching from May 2, 2022, to May 25, 2023, known as the 'Class Period'. Investors who acquired DLO securities within this timeframe may have concerningly been subject to misinformation or incomplete disclosure which is the crux of the current securities class action.

Investors' Rights and Deadlines

The Rosen Law Firm is providing a platform for affected investors to group together to recover their investments. The legal proceedings are focused on determining whether DLocal Limited disseminated false or misleading statements to investors, potentially violating federal securities laws. Interested parties who have been financially impacted are encouraged to participate as lead plaintiffs. However, a strict deadline has been set for lead plaintiff application, cementing December 5, 2023, as a pivotal date for those seeking legal counsel in this matter.

Rosen, Investment, Deadline