Class Action Reports

YALA Class Action: Learn About the Yalla Group Lawsuit

Levi & Korsinsky, LLP

August 18, 2021

Levi & Korsinsky, LLP announces that a YALA class action lawsuit has been filed on behalf of investors who purchased Yalla Group Limited (YALA) securities between September 30, 2020, and August 9, 2021. For more on the YALA Lawsuit please contact us today.

 

 

 

According to the Yalla Group lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: According to the filed complaint: the Company overstated its user metrics and revenue and, as a result, the Company’s public statements were materially false and misleading at all relevant times.

TO LEARN MORE ABOUT THE YALA CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Yalla Group you have until October 12, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

Levi & Korsinsky

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com