NEW YORK--(BUSINESS WIRE)--#NVEI--Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Nuvei Corporation (“Nuvei” or the “Company”) (NASDAQ: NVEI) on behalf of Nuvei stockholders. Our investigation concerns whether Nuvei has violated the federal securities laws and/or engaged in other unlawful business practices.
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On December 8, 2021, Spruce Point Capital Management (“Spruce Point”) published a short-seller report on Nuvei. Citing “a forensic financial and accounting review,” the Spruce Point report alleged that Nuvei “has covered up a pattern of business failures, lack of organic growth, and a web of relationships with individuals connected to major Ponzi Schemes and alleged fraudulent activities[.]”
Following publication of the Spruce Point report, Nuvei’s stock price fell $39.38 or 40.45% percent, to close at $57.97 per share on December 8, 2021.
If you purchased or otherwise acquired Nuvei shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Alexandra B. Raymond by email at investigations@bespc.com, telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
Contacts
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Alexandra B. Raymond, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com
