ROSEN, A Pinnacle in Investor Representation, Urges DLocal Limited Shareholders to Appoint Legal Representation Before Imminent Securities Class Action Deadline - DLO

NEW YORK, Nov. 17, 2023 (GLOBE NEWSWIRE) -- In a recent announcement, Rosen Law Firm, esteemed for its specialization in global investor rights, has issued a reminder to all investors who purchased securities from DLocal Limited DLO during the period from May 2, 2022, to May 25, 2023. The notice pertains to an impending deadline on December 5, 2023, to apply for the position of lead plaintiff in a securities class action lawsuit against DLocal Limited. This case concerns alleged misleading information and potential violations of federal securities laws.

Class Period and Allegations

The lawsuit implicates a 'Class Period' between May 2, 2022, and May 25, 2023. During this timeframe, DLocal Limited investors who have incurred losses are encouraged to contact Rosen Law Firm to assert their legal rights. The crux of the lawsuit revolves around the allegation that DLocal Limited may have disseminated inaccurate information to the investing public, possibly breaching securities regulations.

Lead Plaintiff Deadline

Investors should be alert to the cut-off date of December 5, 2023, which stands as the deadline for shareholders to signal their intention to serve as the principal plaintiff in the lawsuit. The Rosen Law Firm emphasizes the importance of this role, as the lead plaintiff directs the litigation on behalf of other class members. It is critical for investors to understand that they do not need to seek damages to participate in the shared recovery as a class member should the lawsuit result in a favorable outcome.

Contact Information for Investors

For investors interested in engaging in this lawsuit, Rosen Law Firm invites them to gather more information about the class action and the process for applying as lead plaintiff. With decades of experience in securities class actions, the firm offers guidance and can answer questions investors may have about their involvement in the case against DLocal Limited.

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