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Cullen v. Ryvyl Inc. et al
Case Number:
3:23-cv-00185
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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August 21, 2025
Fintech Co. Ryvyl's $1M Investor Settlement Gets Initial OK
A California federal court has granted preliminary approval to fintech company Ryvyl Inc.'s $1 million cash and stock class action settlement with investors who accused the company of concealing its accounting issues.
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October 22, 2024
Fintech Co. Ryvyl Investors' Accounting Fraud Suit Trimmed
Executives of fintech company Ryvyl Inc. have shed some claims from an investor suit accusing them of concealing accounting problems, with a California federal judge ruling that the investors have not sufficiently pled that the defendants knowingly acted recklessly or committed wrongful acts.
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March 04, 2024
Underwriters Freed From Suit Against Fintech Co. Ryvyl
A California federal judge has dismissed the underwriters and significantly trimmed the remaining claims in a case against fintech company Ryvyl Inc. and certain executives, accusing them of concealing accounting issues, saying the plaintiffs have adequately alleged only a few misleading statements and knowledge of wrongdoing by one executive.
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August 16, 2023
Fintech Co. Wants Investor Suit Over Accounting Flubs Axed
Fintech company Ryvyl Inc. and certain executives and underwriters have asked a California federal judge to toss a proposed investor class action accusing them of concealing accounting issues, claiming the amended complaint does not support allegations that the company's filings had misstatements or omissions.
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April 04, 2023
5 Firms Seek To Rep Ryvyl Investors In Calif. Class Action
The Los Angeles firms Glancy Prongay & Murray LLP, Pomerantz LLP, Levi & Korsinsky LLP, The Rosen Law Firm PA and The Schall Law Firm have filed four rival bids to serve as class counsel in a federal securities lawsuit against fintech company Ryvyl Inc. in the Southern District of California.
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February 02, 2023
Investor Sues Fintech Ryvyl Over Accounting Flubs
Fintech company Ryvyl Inc. and some of its executives and underwriters face an investor's proposed class action alleging the company concealed issues with its accounting, hurting shareholders when it announced it would need to revise certain financial statements.