LEGAL GUIDES FOR INVESTORS
If you suffered losses in DLocal stock, contact DLocal stock loss lawyer Timothy L. Miles about a DLocal lawsuit
introduction to DLOCAL CLASS ACTION LAWSUIT
The DLocal class action lawsuit seeks to represent purchasers or acquirers of DLocal Limited (NASDAQ: DLO) securities between May 2, 2022 and May 25, 2023, both dates inclusive (the “Class Period”). Captioned Francis v. DLocal Limited, No. 23-cv-07501 (E.D.N.Y.), the DLocal class action lawsuit charges DLocal and certain of its top executive officers with violations of the Securities Exchange Act of 1934.
If you suffered losses in DLocal stock and wish to serve as lead plaintiff in the DLocal class action lawsuit, please contact DLocal Stock Loss Lawyer Timothy L. Miles by calling 855/846-6529 or via e-mail at [email protected] or by submitting a contact form. Lead plaintiff motions for the DLocal class action lawsuit must be filed with the court no later than December 5, 2023.
Read on for answers to the five most frequently asked questions about the lead plaintiff process by DLocal investors in the DLocal class action lawsuit.
WHAT IS THE LEAD PLAINTIFF DEADLINE IN THE DLOCAL CLASS ACTION LAWSUIT?
When a securities class action is filed such as the DLocal class action lawsuit, the person who files the first complaint is required to publish a notice announcing the filing. Anyone who wants to be lead plaintiff on behalf of the class in the DLocal class action lawsuit must thereafter file a motion to be appointed as lead plaintiff(s) no later than 60 days after the notice was published.
WHAT ARE THE BENEFITS OF SERVING AS LEAD PLAINTIFF IN THE DLOCA LAWSUIT?
Serving as a Lead Plaintiff in the DLocal lawsuit has several advantages and important benefits including:
Thus, there are numerous benefits and other advantages to serving as lead plaintiff in a DLocal lawsuit if you suffered losses in DLocal stock.
WHAT RESPONSIBILITIES WILL THE LEAD PLAINTIFF HAVE IN THE DLOCAL CLASS ACTION LAWSUIT?
A Lead Plaintiff owes a fiduciary duty to the class, and therefore, must act in the best interest of the class in the DLocal class action lawsuit. Some of the responsibilities of the Lead Plaintiff in the DLocal class action lawsuit include:
WILL THE LEAD PLAINTIFFS GET MORE MONEY THAN CLASS MEMBERS IF THE DLOCAL LAWSUIT settles?
No, but they may be entitled to recover their reasonable expenses incurred with are directly related to representing the class in the DLocal lawsuit. Under the Private Securities Litigation Reform Act of 1995, a Lead Plaintiff is only entitled to his or her pro rata share of any recovery and does not receive any additional money for serving as a representative party on behalf of the class. However, a court, in its discretion, may approve an award of “reasonable costs and expenses (including lost wages)” to a Lead Plaintiff that directly relates to the representation of the class in the DLocal lawsuit on behalf of investors who suffered losses in DLocal stock.
HOW WAS THE CLASS PERIOD DETERMINED IN THE DLOCAL LAWSUIT?
In a securities fraud class action, the class period refers to a period of time in which it is alleged the price of the company’s stock was artificially inflated due to false and misleading statements made by company executives. The class period starts when the company makes an untrue statement of material fact about the company or fails to disclose a material fact necessary to render other statements not misleading. The class period ends when the truth is revealed to the investing public through a corrective disclosure.
In order to be a part of the class in the DLocal lawsuit, you must have suffered losses in DLocal stock by purchasing during the class period when it is alleged the price of the stock was artificially inflated to be included in the DLocal lawsuit.
CONTACT A DLOCAL STOCK LOSS LAWYER TODAY IF YOU SUFFERED LOSSES IN DLOCAL STOCK ABOUT A DLOCAL LAWSUIT
If you suffered losses in DLocal stock, contact DLocal stock loss lawyer Timothy L. Miles today for a free case evaluation about a DLocal lawsuit. Call today and see what a DLocal stock loss lawyer could do for you if you suffered losses in DLocal stock.
Nashville attorney Timothy L. Miles is a nationally recognized shareholder rights attorney raised in Nashville, Tennessee. Mr. Miles has dedicated his career to representing shareholders, employees, and consumers in complex class-action litigation. Whether serving as lead, co-lead, or liaison counsel, Mr. Miles has helped recover hundreds of millions of dollars for defrauded investors, shaped precedent-setting decisions, and delivered real corporate governance reforms. Judges and peers have repeatedly recognized Mr. Miles relentless advocacy for the underdog, as well as his unbendable ethical standards. Mr. Miles was recently selected by Martindale-Hubbell® and ALM as a 2022 Top Ranked Lawyer, 2022 Top Rated Litigator, and a 2022 Elite Lawyer of the South. Mr. Miles also maintains the AV Preeminent Rating by Martindale-Hubbell®, their highest rating for both legal ability and ethics. Mr. Miles is a member of the prestigious Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association, Class Action: Class Action: Top 100 National Trial Lawyers, National Trial Lawyers Association (2023), a superb rated attorney by Avvo, a recipient of the Lifetime Achievement Award by Premier Lawyers of America (2019) and recognized as a Distinguished Lawyer, Recognizing Excellence in Securities Law, by Lawyers of Distinction (2019); a Top Rated Litigator by Martindale-Hubbell® and ALM (2019-2022); America's Most Honored Lawyers 2020; Top 1% by America's Most Honored (2020-2022). Mr. Miles has published over three hundred articles on various issues of the law, including class actions, whistleblower cases, products liability, civil procedure, derivative actions, corporate takeover litigation, corporate formation, mass torts, dangerous drugs, and more. Please visit our website or Resources center and call for free anytime.
The Law Offices of Timothy L. Miles
Tapestry at Brentwood Town Center
300 Centerview Dr., #247
Brentwood, TN 37027
Phone: (855) 846-6529
Email: [email protected]
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