NEW YORK, Feb. 28, 2025 (GLOBE NEWSWIRE) —
WHY: Rosen Law Firm, a world investor rights regulation agency, continues to research potential securities claims on behalf of shareholders of Dave Inc. (NASDAQ: DAVE) ensuing from allegations that Dave could have issued materially deceptive enterprise info to the investing public.
SO WHAT: If you bought Dave securities it’s possible you’ll be entitled to compensation with out fee of any out of pocket charges or prices by a contingency price association. The Rosen Law Firm is getting ready a category motion in search of restoration of investor losses.
WHAT TO DO NEXT: To be part of the potential class motion, go to https://rosenlegal.com/submit-form/?case_id=32893 or name Phillip Kim, Esq. toll-free at 866-767-3653 or e-mail case@rosenlegal.com for info on the category motion.
WHAT IS THIS ABOUT: On December 30, 2024, the Justice Department, along with the Federal Trade Commission (FTC), introduced a civil enforcement motion towards Dave Inc. and its co-founder, President, Chief Executive Officer and Chairman of the Board of Directors, Jason Wilk, for alleged violations of the FTC Act and the Restore Online Shoppers’ Confidence Act (ROSCA). The authorities’s lawsuit alleges that the defendants misled shoppers by deceptively promoting Dave’s money advances, charging hidden charges, misrepresenting how Dave makes use of clients’ suggestions and charging recurring month-to-month charges with out offering a easy mechanism to cancel them.
On this information, Dave’s share value fell on December 31, 2024.
WHY ROSEN LAW: We encourage traders to pick out certified counsel with a observe report of success in management roles. Often, companies issuing notices do not need comparable expertise, assets, or any significant peer recognition. Many of those companies don’t really litigate securities class actions. Be smart in choosing counsel. The Rosen Law Firm represents traders all through the globe, concentrating its follow in securities class actions and shareholder by-product litigation. Rosen Law Firm achieved the most important ever securities class motion settlement towards a Chinese Company on the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for variety of securities class motion settlements in 2017. The agency has been ranked within the high 4 annually since 2013 and has recovered tons of of hundreds of thousands of {dollars} for traders. In 2019 alone the agency secured over $438 million for traders. In 2020, founding associate Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the agency’s attorneys have been acknowledged by Lawdragon and Super Lawyers.
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Attorney Advertising. Prior outcomes don’t assure an identical consequence.
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Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, fortieth Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
case@rosenlegal.com
www.rosenlegal.com
GlobeNewswire Distribution ID 9386885
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