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NEW YORK, December 24, 2020 (GLOBE NEWSWIRE) – Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of the buyers of the securities of Triterras, Inc. f / k / a Netfin Acquisition Corp. (NASDAQ: TRIT; TRITW) between August 20, 2020 and December 16, 2020 inclusive (the “Class Period”). The lawsuit seeks to recover damages for Triterras investors under federal securities laws.
To join the Triterras class action lawsuit, go to http://www.rosenlegal.com/cases-register-2008.html or call Phillip Kim, Esq. toll free at 866-767-3653 or by emailing [email protected] or [email protected] for information on the class action.
According to the lawsuit, the defendants throughout the Class Period made false and / or misleading statements and / or failed to disclose: (1) the extent to which the growth of the Company’s revenue was based on the relationship of Triterras with Rhodium Resources Pte. Ltd. (“Rhodium”) to refer users to the Kratos platform; (2) that Rhodium was faced with significant financial liabilities which compromised its ability to continue operating; (3) that as a result, Rhodium was likely to refer fewer users to the Company’s Kratos platform; and (4) that as a result of the foregoing, the positive statements by the defendants regarding the business, business and prospects of Triterras were materially misleading and / or lacking reasonable basis. When the real details entered the market, the lawsuit claims that investors have suffered damage.
A class action has already been filed. If you want to become the principal applicant, you must move the court no later than February 19, 2021. A principal plaintiff is a representative party acting on behalf of the other members of the group in the direction of the litigation. If you would like to join the litigation, please visit http://www.rosenlegal.com/cases-register-2008.html or to discuss your rights or interests in this class action lawsuit, please contact Phillip Kim, Esq. from Rosen Law Firm on toll free 866-767-3653 or by e-mail at [email protected] or [email protected].
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY A LAWYER UNLESS YOU KEEP ONE. YOU CAN RETAIN ANY ADVICE OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT MEMBER AND DO NOTHING AT THIS POINT. THE ABILITY OF AN INVESTOR TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT ON HIS ACTING AS LEADING PLAINTIFF.
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Rosen Law Firm represents investors worldwide, focusing its practice in securities class actions and derivative shareholder litigation. Rosen Law Firm was ranked # 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017. The firm has been ranked in the top 3 every year since 2013. Rosen Law Firm has achieved the greatest settlement of a class action lawsuit never completed against a Chinese company. Rosen Law Firm attorneys are ranked and recognized by many independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors. Lawyer advertising. Previous results do not guarantee a similar result.
Contact information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
Rosen Law Firm, PA
275 Madison Avenue, 40th Floor
New York, NY 10016
Phone: (212) 686-1060
Toll free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
[email protected]
[email protected]
www.rosenlegal.com
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