SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Verus International, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of June 22, 2021
New York, New York – (Newsfile Corp. – May 30, 2021) – The following statement is made by Levi & Korsinsky, LLP:
To: Any person or entity who purchased or otherwise acquired securities of Verus International, Inc. (“Verus International”) (OTC Pink: VRUS) between June 17, 2019 and November 8, 2020. You are hereby notified that this is a class action lawsuit against securities. The lawsuit has been filed in the United States District Court for the Maryland District. Further information is available from:
or contact Joseph E. Levi, Esq. either by email at email@example.com or by phone at (212) 363-7500. There are no costs or obligations for you.
Verus International, Inc. NEWS – VRUS NEWS
CASE DETAILS: According to the complaint filed: (i) Verus lacked the necessary resources, infrastructure and / or expertise to use its Big League Foods brand and MLB license; (ii) the company’s production ramp-up issues have not been fully resolved to enable the company to fulfill customer orders; (iii) as a result, the company’s prospects and prospects were not as presented; (iv) the company’s internal controls over financial reporting and accounting were inadequate with regard to share-based compensation and classification of equity instruments; (v) As a result, the company’s financial results, prospects and prospects have been significantly worse than presented. and (vi) as a result of the foregoing, the Company’s public statements at all relevant times have been materially false and misleading.
WHAT THIS MEANS FOR SHAREHOLDERS: If you have suffered a loss at Verus International, you have until June 22, 2021 to request that the court appoint you as the lead plaintiff. Your ability to partake in a recovery does not require you to be the lead plaintiff.
NO CHARGE TO YOU: If you purchased Verus International securities between June 17, 2019 and November 8, 2020, you may be entitled to compensation with no out-of-pocket expenses or fees.
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PROTECT YOUR FINANCIAL INTERESTS: Fill out this short registration form https://www.zlk.com/pslra-1/verus-international-inc-loss-submission-form?prid=16352&wire=5 or call 212-363- 7500 to discuss the case with Joseph E. Levi, Esq.
WHY LEVI & KORSINSKY: Levi & Korsinsky have a proven record of winning hundreds of millions of dollars worth of cases for shareholders over a period of 20 years. We represent and fight for shareholders who have been wronged by companies.
Levi & Korsinsky is a nationally recognized company with offices in New York, California, Connecticut and Washington, DC. The company’s founding partners, Joseph Levi and Eduard Korsinsky, have represented shareholders and institutional clients for nearly 20 years and have achieved remarkable results with clients in the US and internationally. The company with more than 80 employees is committed to promoting, cultivating and preserving a culture of diversity, justice and inclusion for the employees and the employees we represent. Our attorneys have extensive expertise representing investors in securities disputes and have a proven record of recovering hundreds of millions of dollars in cases. Levi & Korsinsky was named the top US securities litigation firm in the SCAS Top 50 report by Institutional Shareholder Services (“ISS”) for 7 years in a row. The SCAS Top 50 Report identifies the top plaintiffs’ securities firms in the country, and year on year ISS has recognized Levi & Korsinsky as one of the leading law firms in the field of class action litigation.
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th floor
New York, NY 10006
Tel .: (212) 363-7500
Fax: (212) 363-7171
The source version of this press release can be found at https://www.newsfilecorp.com/release/85820