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Investors with losses are encouraged to contact the firm before February 19, 2021; click here to submit trade information
LOS ANGELES, Feb. 16, 2021 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises investors that a class action lawsuit has been filed on behalf of Triterras, Inc. (NASDAQ: TRIT) investors that acquired shares between August 20, 2020 and December 16, 2020. Investors have until February 19, 2021 to seek an active role in this litigation.
It is alleged in this complaint that Triterras made misleading and false statements to the market. Investors were misled by Triterras in regard to the extent to which its revenue growth relied on Rhodium referring users to the Triterras’ Kratos platform. Rhodium suffered from severe financial problems, in turn jeopardizing the growth of Triterras' Kratos platform. Triterras’ public statements were false and materially misleading throughout the class period, based on these facts. Investors suffered damages when the market learned the truth about Triterras.
A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 19, 2021.
Please visit our website to review more information and submit your transaction information.
The Portnoy Law Firm represents investors in pursuing claims arising from corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar