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STNE ALERT: The Klein Law Firm Reminds Investors of a Lead Plaintiff Deadline of January 18, 2022 in the Class Action Filed on Behalf of StoneCo Ltd. Shareholders

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NEW YORK, NY / ACCESSWIRE / December 16, 2021 / The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of StoneCo Ltd. ("StoneCo" or the "Company") (NASDAQ:STNE) alleging that the Company violated federal securities laws.

Class Period: March 11, 2021 to November 16, 2021
Lead Plaintiff Deadline: January 18, 2022
No obligation or cost to you.

Learn more about your recoverable losses in STNE:
https://www.kleinstocklaw.com/pslra-1/stoneco-ltd-loss-submission-form?wire=1

StoneCo Ltd. NEWS - STNE NEWS

CLASS ACTION CASE DETAILS: The filed complaint alleges that StoneCo made materially false and/or misleading statements and/or failed to disclose that: (1) StoneCo was experiencing difficulties in implementing its credit product; (2) StoneCo faced significant risks via its point-of-sale vendor, PAX Global Technology Ltd.; (3) as a result of the foregoing, the Company's financial results would be adversely impacted; and (4) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in StoneCo you have until January 18, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

NO COST TO YOU: If you purchased StoneCo securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.

HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the STNE lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link.

ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

SOURCE: The Klein Law Firm



View source version on accesswire.com:
https://www.accesswire.com/678148/STNE-ALERT-The-Klein-Law-Firm-Reminds-Investors-of-a-Lead-Plaintiff-Deadline-of-January-18-2022-in-the-Class-Action-Filed-on-Behalf-of-StoneCo-Ltd-Shareholders