Attention Investors: Rosen Law Firm Reminds Purchasers of Block, Inc. Class A Common Stock of Important Deadline
NEW YORK, NY – March 5, 2025
Rosen Law Firm, a global investor rights law firm, is reminding purchasers of Class A common stock of Block, Inc. (NYSE: SQ, XYZ) between February 26, 2020, and April 30, 2024 (the “Class Period”), of the important March 18, 2025, lead plaintiff deadline. If you purchased Block Class A common stock during the Class Period, you may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement.
What is Block, Inc.?
Block, Inc. is a technology-focused financial services and digital payment company, headquartered in San Francisco, California. The company operates under various brands, including Square, Cash App, and Seller. The company’s mission is to “democratize the economy,” making financial services accessible to all.
Why is Rosen Law Firm involved?
Rosen Law Firm is a global investor rights law firm representing purchasers of securities who have been negatively impacted by securities fraud, breaches of fiduciary duty, and other violations of the federal securities laws. The firm has a long history of recovering significant compensation for investors under various circumstances, including class action and derivative litigation.
What is the Class Action Lawsuit About?
The class action lawsuit alleges that Block, Inc. and certain of its officers and directors made false and/or misleading statements and/or failed to disclose material information during the Class Period, which artificially inflated the price of Block’s Class A common stock. The complaint alleges that the defendants failed to disclose, among other things, that the company was experiencing significant declines in revenue growth and increasing competition.
How Will This Affect Me?
If you purchased Block Class A common stock during the Class Period, you may be able to recover your losses through the class action lawsuit. The lead plaintiff deadline is March 18, 2025. You may also be able to serve as a lead plaintiff, which could give you an enhanced role in the litigation process.
How Will This Affect the World?
The outcome of this class action lawsuit could have significant implications for the financial services industry, as well as for investors in technology companies. If the allegations of securities fraud are proven, it could lead to increased scrutiny and potential regulatory action against Block, Inc. and its executives. It could also impact investor confidence in the technology sector, potentially leading to a downturn in the stock market.
- Stay informed: Keep track of the class action lawsuit and any updates related to the case.
- Consider your options: If you purchased Block Class A common stock during the Class Period, you may be able to recover your losses through the class action lawsuit.
- Seek legal advice: If you have any questions or concerns about your investment in Block, Inc., consider consulting with a securities attorney.
Conclusion
Rosen Law Firm is reminding purchasers of Block, Inc. Class A common stock between February 26, 2020, and April 30, 2024, of the important March 18, 2025, lead plaintiff deadline. If you believe you may be entitled to compensation, consider contacting Rosen Law Firm for more information. The outcome of this class action lawsuit could have significant implications for both individual investors and the financial services industry as a whole.
Stay informed, consider your options, and seek legal advice if necessary. Let us help you recover your losses and hold those responsible accountable.
