A Deadline is coming up on October 12, 2021 in the lawsuit for certain investors in Yalla Group Limited (NYSE:YALA).
San Diego, CA -- (SBWIRE) -- 09/22/2021 -- The Shareholders Foundation announced that a deadline is coming up on October 12, 2021 in the lawsuit filed for certain investors of Yalla Group Limited (NYSE: YALA).
Investors who purchased shares of Yalla Group Limited (NYSE: YALA) have certain options and there are strict and short deadlines running. Deadline: October 12, 2021. NYSE: YALA stockholders should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The plaintiff alleges on behalf of purchasers of Yalla Group Limited (NYSE: YALA) common shares between September 30, 2020 and August 9, 2021, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between September 30, 2020 and August 9, 2021, Yalla Group Limited and its Chief Executive Officer made materially false and misleading statements regarding the Company's business and financial metrics. Specifically, Defendants made false and/or misleading statements regarding, and/or failed to disclose that the Company overstated its user metrics and revenue and, as a result, the Company's public statements were materially false and misleading at all relevant times.
Those who purchased shares of Yalla Group Limited (NYSE: YALA) have certain options and should contact the Shareholders Foundation.
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