PR Newswire
Shareholders with $100,000 losses or more are encouraged to contact the firm.
LOS ANGELES
, Sept. 26, 2022 /PRNewswire/ — Glancy Prongay & Murray LLP (“GPM”) announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Lottery.com Inc. f/k/a Trident Acquisitions Corp. (“Lottery.com” or the “Company”) (NASDAQ: LTRY).
Class Period:
November 15, 2021 – July 29, 2022
Lead Plaintiff Deadline:
October 18, 2022
If you wish to serve as lead plaintiff of the Lottery.com lawsuit, you can submit your contact information at www.glancylaw.com/cases/lotterycom-inc/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.
The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors that: (1) the Company lacked adequate internal accounting controls; (2) the Company lacked adequate internal controls over financial reporting, including but not limited to those pertaining to revenue recognition and the reporting of cash; (3) the Company was not in compliance with state and federal laws governing the sale of lottery tickets; and (4) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
Follow us for updates on LinkedIn, Twitter, or Facebook.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Charles Linehan, 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 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.
Contacts
Glancy Prongay & Murray LLP, Los Angeles
Charles Linehan, 310-201-9150 or 888-773-9224
[email protected]
www.glancylaw.com
View original content:https://www.prnewswire.com/news-releases/ltry-investors-have-opportunity-to-lead-lotterycom-inc-fka-trident-acquisitions-corp-securities-fraud-lawsuit-301632592.html
SOURCE Glancy Prongay & Murray LLP
