{"id":402504,"date":"2020-12-17T20:14:30","date_gmt":"2020-12-18T01:14:30","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=402504"},"modified":"2020-12-17T20:14:30","modified_gmt":"2020-12-18T01:14:30","slug":"the-law-offices-of-frank-r-cruz-announces-investigation-of-triterras-inc-trit-on-behalf-of-investors","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/the-law-offices-of-frank-r-cruz-announces-investigation-of-triterras-inc-trit-on-behalf-of-investors\/","title":{"rendered":"The Law Offices of Frank R. Cruz Announces Investigation of Triterras, Inc. (TRIT) on Behalf of Investors"},"content":{"rendered":"

<\/p>\n

The Law Offices of Frank R. Cruz Announces Investigation of Triterras, Inc. (TRIT) on Behalf of Investors<\/b><\/p>\n

LOS ANGELES–(BUSINESS WIRE<\/a>)–The Law Offices of Frank R. Cruz<\/a> announces an investigation of Triterras, Inc. (\u201cTriterras\u201d or the \u201cCompany\u201d) (NASDAQ: TRIT<\/a>) on behalf of investors concerning the Company\u2019s possible violations of federal securities laws.\n<\/p>\n

\nIf you are a shareholder who suffered a loss, click here<\/a> to participate.\n<\/p>\n

\nOn December 17, 2020, Triterras stated that Rhodium Resources Pte. Ltd. (\u201cRhodium\u201d) was seeking a moratorium to shield itself from creditor actions while it planned a restructuring of its debts and continue its business as a going concern. The Company stated that \u201cRhodium was instrumental to the initial launch of the Company’s Kratos platform and the platform’s attractiveness to the commodities trading and trade financings communities” and that “substantially all of the users of the Kratos platform during the year ended February 29, 2020 were referred to the platform by Rhodium and its subsidiaries who accounted for 26.5% of the Company’s revenues.”\n<\/p>\n

\nOn this news, the Company\u2019s stock price fell $4.11 per share, or 31%, to close at $9.09 per share on December 17, 2020, thereby injuring investors.\n<\/p>\n

\nFollow us for updates on Twitter: twitter.com\/FRC_LAW<\/a>.\n<\/p>\n

\nIf you purchased Triterras 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 Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com<\/a>, or visit our website at www.frankcruzlaw.com<\/a>. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.\n<\/p>\n

\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201217006205\/en\/<\/a><\/span><\/p>\n

\nThe Law Offices of Frank R. Cruz, Los Angeles
\n
Frank R. Cruz, 310-914-5007
\n
fcruz@frankcruzlaw.com
\n<\/a>
www.frankcruzlaw.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America California<\/p>\n

INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

The Law Offices of Frank R. Cruz Announces Investigation of Triterras, Inc. (TRIT) on Behalf of Investors LOS ANGELES–(BUSINESS WIRE)–The Law Offices of Frank R. Cruz announces an investigation of Triterras, Inc. (\u201cTriterras\u201d or the \u201cCompany\u201d) (NASDAQ: TRIT) on behalf of investors concerning the Company\u2019s possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On December 17, 2020, Triterras stated that Rhodium Resources Pte. Ltd. (\u201cRhodium\u201d) was seeking a moratorium to shield itself from creditor actions while it planned a restructuring of its debts and continue its business as a going concern. The Company stated that \u201cRhodium was instrumental to the initial launch of the Company’s Kratos platform and the … <\/p>\n

Continue reading “The Law Offices of Frank R. Cruz Announces Investigation of Triterras, Inc. (TRIT) on Behalf of Investors”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-402504","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nThe Law Offices of Frank R. Cruz Announces Investigation of Triterras, Inc. 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(\u201cTriterras\u201d or the \u201cCompany\u201d) (NASDAQ: TRIT) on behalf of investors concerning the Company\u2019s possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On December 17, 2020, Triterras stated that Rhodium Resources Pte. Ltd. (\u201cRhodium\u201d) was seeking a moratorium to shield itself from creditor actions while it planned a restructuring of its debts and continue its business as a going concern. The Company stated that \u201cRhodium was instrumental to the initial launch of the Company’s Kratos platform and the … Continue reading "The Law Offices of Frank R. Cruz Announces Investigation of Triterras, Inc. 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