San Diego, CA -- (SBWIRE) -- 11/08/2021 -- Alfi, Inc. is under investigation over potential securities laws violations in connection with certain financial statements.

Investors who purchased shares of Alfi, Inc. (NASDAQ: ALF), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether a series of statements by Alfi, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Miami, FL based Alfi, Inc. provides interactive intelligent artificial intelligence and machine learning software solutions.

On October 22, 2021, in an SEC filing, Alfi, Inc. disclosed that "The Board of Directors (the "Board") of Alfi, Inc. (the "Company") placed each of Paul Pereira, the Company's President and Chief Executive Officer, Dennis McIntosh, the Company's Chief Financial Officer and Treasurer, and Charles Pereira, the Company's Chief Technology Officer, on paid administrative leave and authorized an independent internal investigation regarding certain corporate transactions and other matters."

Shares of Alfi, Inc. (NASDAQ: ALF) declined from $8.70 per share in late September 2021, to as low as $4.19 per share on October 29, 2021.

Those who purchased shares of Alfi, Inc. (NASDAQ: ALF) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.