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 Limited lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:
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.
If you suffered a loss in Yalla Group Limited 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.