www.glancylaw.com/case/zoompass-holdings-inc
GPM represents investors in securities class actions, seeking to recoup
damages caused by corporate fraud and wrongdoing.
On May 9, 2017 Zoompass disclosed that it had been "made aware of and
requested by the OTC Markets Group, Inc. to comment on recent trading
and potential promotional activity". Following this announcement, shares
fell $1.67 or over 45% over three trading sessions.
On May 25, 2017, Seeking Alpha issued an article alleging that Zoompass
had erroneously denied its involvement with a scheme designed to promote
Zoompass' stock; and that Zoompass had purposely kept hidden the fact
that the Company's CEO was involved in a pump-and-dump scheme. On this
news, shares of Zoompass fell over 23% to close at $2.25 per share on
May 25, 2017.
If you purchased Zoompass securities, have information or 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 Lesley
Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los
Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by
email to [email protected],
or visit our website at http://www.glancylaw.com.
If you inquire by email please include your mailing address, telephone
number and number of shares purchased.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170526005569/en/
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