SAN FRANCISCO, July 03, 2023 (GLOBE NEWSWIRE) — Hagens Berman urges DLocal Limited (NASDAQ:DLO) investors who suffered substantial losses to submit your losses now.
Visit: www.hbsslaw.com/investor-fraud/DLO
Contact An Attorney Now: DLO@hbsslaw.com
844-916-0895
DLocal Limited (NASDAQ:DLO) Investigation:
Emerging market payment processor DLocal has attracted investor interest by reporting tremendous revenue growth and profit margins far superior to any of its direct competitors.
But, on Nov. 16, 2022, Muddy Waters Capital published a scathing report concluding that “DLO is likely a fraud.” Muddy Waters alleged that DLocal has repeated disclosures about its Total Processing Volume and accounts receivable “that flatly contradict one another,” and that there is “a contradictory discrepancy between two key subsidiaries’ accounts payable and accounts receivable.” Muddy Waters stated …
