Nuvei Corporation (NVEI)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Nuvei Corporation (“Nuvei” or the “Company”) (NASDAQ: NVEI). The investigation concerns whether Nuvei and certain of its officers and/or directors have violated federal securities laws.
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 sharply during intraday trading on December 8, 2021.
If you are aware of any facts relating to this investigation or purchased Nuvei shares, you can assist this investigation. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.