{"id":405575,"date":"2020-12-24T14:22:09","date_gmt":"2020-12-24T19:22:09","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=405575"},"modified":"2020-12-24T14:22:09","modified_gmt":"2020-12-24T19:22:09","slug":"hagens-berman-national-trial-attorneys-encourages-triterras-trit-investors-with-losses-to-contact-its-attorneys-securities-fraud-case-filed-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-encourages-triterras-trit-investors-with-losses-to-contact-its-attorneys-securities-fraud-case-filed-2\/","title":{"rendered":"HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Triterras (TRIT) Investors with Losses to Contact Its Attorneys, Securities Fraud Case Filed"},"content":{"rendered":"
\n

SAN FRANCISCO, Dec. 24, 2020 (GLOBE NEWSWIRE) — Hagens Berman urges Triterras, Inc. (NASDAQ: TRIT) <\/strong>investors with significant losses to submit your losses now<\/a>. A securities fraud class action has been filed and certain investors may have valuable claims.<\/p>\n\n\n\n\n\n\n
\n Class Period:<\/strong> August 20, 2020 \u2013 December 16, 2020<\/td>\n<\/tr>\n
\n Lead Plaintiff Deadline:<\/strong> Feb. 19, 2021<\/td>\n<\/tr>\n
\n Visit:<\/strong>
\n www.hbsslaw.com\/investor-fraud\/TRIT<\/a>\n <\/td>\n<\/tr>\n
\n Contact An Attorney Now:<\/strong>\n <\/td>\n\n TRIT@hbsslaw.com<\/a>
\n \n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\n 844-916-0895<\/strong>\n <\/td>\n<\/tr>\n<\/table>\n

\n Triterras, Inc. (TRIT) Securities Class Action:<\/strong>\n <\/p>\n

The complaint centers on the accuracy of Triterras\u2019 and senior managements\u2019 statements concerning the company\u2019s dependence on- and the financial condition of- Rhodium Resources, a business controlled by Triterras CEO Srinivas Koneru.<\/p>\n

More specifically, according to the complaint, Defendants made misleading statements about or concealed (1) the extent to which Triterras revenue growth depended on referrals from Rhodium, (2) Rhodium\u2019s dire financial condition, and (3) that as a result Rhodium was likely to refer fewer users to the company.<\/p>\n

Investors began to learn the truth, according to the complaint, on Dec. 17, 2020 when Triterras announced Rhodium was seeking a moratorium to shield itself from creditors while planning to restructure debts and continue business as a going concern.<\/p>\n

This news sent the price of Triterras shares crashing lower.<\/p>\n

\u201cWe\u2019re focused on investors\u2019 losses and proving Triterras intentionally misled them about the financial condition of its admitted material related party, Rhodium, when and after the company went public,\u201d said Reed Kathrein, the Hagens Berman partner leading the investigation.<\/p>\n

If you are a Triterras investor and have significant losses, or have knowledge that may assist the firm\u2019s investigation, click here to discuss your legal rights with Hagens Berman<\/a>.<\/p>\n

\n Whistleblowers: <\/strong>Persons with non-public information regarding Triterras should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895<\/strong> or email TRIT@hbsslaw.com<\/a>.<\/p>\n

\n
\n About Hagens Berman<\/u>
\n <\/a>
\n
Hagens Berman is a national law firm with nine offices in eight cities around the country and eighty attorneys. The firm represents investors, whistleblowers, workers and consumers in complex litigation.\u00a0\u00a0 More about the firm and its successes is located at hbsslaw.com<\/a>. For the latest news visit our newsroom<\/u><\/a> or follow us on Twitter at @classactionlaw<\/u><\/a>.<\/p>\n

\n Contact:<\/u>
\n
Reed Kathrein, 844-916-0895<\/p>\n

\n
\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

SAN FRANCISCO, Dec. 24, 2020 (GLOBE NEWSWIRE) — Hagens Berman urges Triterras, Inc. (NASDAQ: TRIT) investors with significant losses to submit your losses now. A securities fraud class action has been filed and certain investors may have valuable claims. Class Period: August 20, 2020 \u2013 December 16, 2020 Lead Plaintiff Deadline: Feb. 19, 2021 Visit: www.hbsslaw.com\/investor-fraud\/TRIT Contact An Attorney Now: TRIT@hbsslaw.com \u00a0 844-916-0895 Triterras, Inc. (TRIT) Securities Class Action: The complaint centers on the accuracy of Triterras\u2019 and senior managements\u2019 statements concerning the company\u2019s dependence on- and the financial condition of- Rhodium Resources, a business controlled by Triterras CEO Srinivas Koneru. More specifically, according to the complaint, Defendants made misleading statements about or concealed (1) the extent to which Triterras … <\/p>\n

Continue reading “HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Triterras (TRIT) Investors with Losses to Contact Its Attorneys, Securities Fraud Case Filed”<\/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-405575","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nHAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Triterras (TRIT) Investors with Losses to Contact Its Attorneys, Securities Fraud Case Filed - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-encourages-triterras-trit-investors-with-losses-to-contact-its-attorneys-securities-fraud-case-filed-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Triterras (TRIT) Investors with Losses to Contact Its Attorneys, Securities Fraud Case Filed - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SAN FRANCISCO, Dec. 24, 2020 (GLOBE NEWSWIRE) — Hagens Berman urges Triterras, Inc. 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(NASDAQ: TRIT) investors with significant losses to submit your losses now. A securities fraud class action has been filed and certain investors may have valuable claims. Class Period: August 20, 2020 \u2013 December 16, 2020 Lead Plaintiff Deadline: Feb. 19, 2021 Visit: www.hbsslaw.com\/investor-fraud\/TRIT Contact An Attorney Now: TRIT@hbsslaw.com \u00a0 844-916-0895 Triterras, Inc. (TRIT) Securities Class Action: The complaint centers on the accuracy of Triterras\u2019 and senior managements\u2019 statements concerning the company\u2019s dependence on- and the financial condition of- Rhodium Resources, a business controlled by Triterras CEO Srinivas Koneru. 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