DLocal Limited (DLO) Class Action Alert: Robbins LLP Urges Investors with Large Losses to Contact the Firm Regarding Representation

SAN DIEGO, March 14, 2023 (GLOBE NEWSWIRE) —

The Class: Robbins LLP reminds investors that a shareholder filed a class action on behalf of persons or entities who purchased or acquired DLocal Limited (NASDAQ:DLO) pursuant to the Offering Documents issued in connection with the Company’s initial public offering (“IPO”) in June 2021, for violations of the Securities Act of 1933. DLocal purports to be an online payments manager in emerging markets facilitating currency conversions.

What Now: Similarly situated shareholders may be eligible to participate in the class action against DLocal. Shareholders who want to act as lead plaintiff for the class should contact Robbins LLP. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. For more information, click here.

All representation is on a contingency fee basis. Shareholders pay no fees or expenses.

What is this Case About: DLocal Limited (DLO) Misrepresented Material Facts in its Offering Documents in Support of its IPO

According to the complaint, on June 4, 2021, DLocal filed a …

Full story available on Benzinga.com

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