INVESTOR ACTION REMINDER: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against StoneCo Ltd. and Encourages Investors with Losses in Excess of $250,000 to Contact the Firm – Lawyer Monthly
LOS ANGELES– (BUSINESS WIRE) – $ STNE # STNE – Schall Law Firm, a national law firm specializing in shareholder rights, is reminding investors of a class action lawsuit against StoneCo Ltd. (“Stone” or “the Company”) (NASDAQ: STNE) for violating Sections 10 (b) and 20 (a) of the Securities Exchange Act of 1934 and Rule 10b-5, as set out by the Securities and Exchange Commission below were promulgated.
Investors who purchased the Company’s securities between March 11, 2021 and November 16, 2021 inclusive (the “Class Period”) are advised to contact the Company before January 18, 2022.
If you are a shareholder who has suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall law firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335 to discuss your rights free of charge. You can also contact us on the firm’s website at www.schallfirm.com or by email at email@example.com.
In this case, the class has not yet been certified and you will not be represented by a lawyer until certified. If you do nothing, you can remain an absent class member.
According to the lawsuit, the company provided false and misleading information to the market. Stone struggled to implement his loan product. The company was with its point-of-sale provider PAX Global Technology Ltd. exposed to serious risk. As a result of these facts, the company’s public statements were false and essentially misleading. When the market learned the truth about Stone, investors suffered.
Join the case to make up for your losses.
The law firm Schall represents investors worldwide and specializes in securities class actions and shareholder disputes.
This press release may be viewed as a solicitation in some jurisdictions under applicable law and ethical rules.
The Schall law firm
Brian Schall, Esq.,