NEW
YORK, Nov. 28, 2022 /PRNewswire/ -- The Gross
Law Firm issues the following notice to shareholders of Block,
Inc..
Shareholders who purchased shares of SQ during the class period
listed are encouraged to contact the firm regarding possible lead
plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/block-class-action-submission-form/?id=33945&from=4
CLASS PERIOD: November 4,
2021 to April 4, 2022
ALLEGATIONS: The complaint alleges that during the class
period, Defendants issued materially false and/or misleading
statements and/or failed to disclose that: (1) the Company lacked
adequate protocols restricting access to customer sensitive
information; (2) as a result, a former employee was able to
download certain reports of the Company's subsidiary, Cash App
Investing, containing full customer names and brokerage account
numbers, as well as brokerage portfolio value, brokerage portfolio
holdings and/or stock trading activity; (3) as a result, the
Company was reasonably likely to suffer significant damage,
including reputational harm; (4) and as a result of the foregoing,
defendant's positive statements about the Company's business,
operations, and prospects were materially misleading and/or lacked
a reasonable basis.
DEADLINE: December 12, 2022
Shareholders should not delay in registering for this class action.
Register your information here:
https://securitiesclasslaw.com/securities/block-class-action-submission-form/?id=33945&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of SQ during the timeframe listed
above, you will be enrolled in a portfolio monitoring software to
provide you with status updates throughout the lifecycle of the
case. The deadline to seek to be a lead plaintiff is December 12, 2022. There is no cost or obligation
to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. The Gross Law Firm is
committed to ensuring that companies adhere to responsible business
practices and engage in good corporate citizenship. The firm seeks
recovery on behalf of investors who incurred losses when false
and/or misleading statements or the omission of material
information by a company lead to artificial inflation of the
company's stock. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm