{"id":451933,"date":"2021-03-05T12:21:33","date_gmt":"2021-03-05T17:21:33","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=451933"},"modified":"2021-03-05T12:21:33","modified_gmt":"2021-03-05T17:21:33","slug":"shareholder-alert-pawar-law-group-announces-a-securities-class-action-lawsuit-against-moneygram-international-inc-mgi","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pawar-law-group-announces-a-securities-class-action-lawsuit-against-moneygram-international-inc-mgi\/","title":{"rendered":"SHAREHOLDER ALERT: Pawar Law Group Announces a Securities Class Action Lawsuit Against MoneyGram International, Inc. \u2013 MGI"},"content":{"rendered":"<div class=\"mw_release\">\n<p>NEW YORK, March  05, 2021  (GLOBE NEWSWIRE) &#8212; Pawar Law Group announces a class action lawsuit on behalf of shareholders who purchased shares of \u00a0MoneyGram International, Inc. (NASDAQ: MGI) from June 17, 2019 through February 22, 2021, inclusive (the \u201cClass Period\u201d). The lawsuit seeks to recover damages for MoneyGram International, Inc. investors under the federal securities laws.<\/p>\n<p>To join the class action, go <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=53lYTBPHnHYumSjAqrMjeBK0b0AdnTIIip2HRICbZmS_u5pI75d4SPgJeSusgZGvugOw8-eNdJrUf3AUQ0ZsjiwTD4fQvUECWGPT_T5FjpCilJqUq3bZWO32Jiii4h25jdQV9LjKD7WEZuDuTZbs0Q==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">here<\/a> or call Vik Pawar, Esq. toll-free at 888-589-9804 or email\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=E9rTE_3-npmypxaASsaz6bqoAcUBwAy63kFLjot-z-uPPjYz5_3zHGgS65WZFjer3cI13SI5PFY0FxeT1ig6wFpCUXjZdyt-wGzm0aSy7iA=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">info@pawarlawgroup.com<\/a>\u00a0for information on the class action.<\/p>\n<p>According to the lawsuit, \u00a0defendants made false and\/or misleading statements and\/or failed to disclose that: XRP, the cryptocurrency that MoneyGram was utilizing as part of its Ripple partnership, was viewed as an unregistered and therefore unlawful security by the SEC; in the event that the SEC decided to enforce the securities laws against Ripple, MoneyGram would be likely to lose the lucrative stream of market development fees that was critical to its financial results throughout the Class Period; and as a result, defendants\u2019 public statements were materially false and\/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.<\/p>\n<p>If you wish to serve as lead plaintiff, you must move the Court no later than <strong>April 30, 2021.<\/strong> A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.<\/p>\n<p>No class has been certified. Until a class is certified, you are not represented by counsel unless you hire one. You may hire counsel of your choice. You may also do nothing at this time and be an absent member of the class. Your ability to share in any future recovery is not dependent upon being a lead plaintiff.<\/p>\n<p>Pawar Law Group represents investors from around the world. Attorney advertising. Prior results do not guarantee or predict a similar outcome with respect to any future matter.<br \/>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-<\/p>\n<p>Contact:\u00a0\u00a0<br \/>Vik Pawar, Esq.\u00a0\u00a0<br \/>Pawar Law Group\u00a0\u00a0<br \/>20 Vesey Street, Suite 1410\u00a0\u00a0<br \/>New York, NY 10007\u00a0\u00a0<br \/>Tel: (917) 261-2277\u00a0\u00a0<br \/>Fax: (212) 571-0938\u00a0\u00a0<br \/>info@pawarlawgroup.com<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4NTMzNCM0MDUwODA4IzIwODMxNDk=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/5681688a-b6da-455a-a14e-bd8c45dab80f\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, March 05, 2021 (GLOBE NEWSWIRE) &#8212; Pawar Law Group announces a class action lawsuit on behalf of shareholders who purchased shares of \u00a0MoneyGram International, Inc. (NASDAQ: MGI) from June 17, 2019 through February 22, 2021, inclusive (the \u201cClass Period\u201d). The lawsuit seeks to recover damages for MoneyGram International, Inc. investors under the federal securities laws. To join the class action, go here or call Vik Pawar, Esq. toll-free at 888-589-9804 or email\u00a0info@pawarlawgroup.com\u00a0for information on the class action. According to the lawsuit, \u00a0defendants made false and\/or misleading statements and\/or failed to disclose that: XRP, the cryptocurrency that MoneyGram was utilizing as part of its Ripple partnership, was viewed as an unregistered and therefore unlawful security by the SEC; in &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pawar-law-group-announces-a-securities-class-action-lawsuit-against-moneygram-international-inc-mgi\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SHAREHOLDER ALERT: Pawar Law Group Announces a Securities Class Action Lawsuit Against MoneyGram International, Inc. \u2013 MGI&#8221;<\/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-451933","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SHAREHOLDER ALERT: Pawar Law Group Announces a Securities Class Action Lawsuit Against MoneyGram International, Inc. \u2013 MGI - 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\/shareholder-alert-pawar-law-group-announces-a-securities-class-action-lawsuit-against-moneygram-international-inc-mgi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SHAREHOLDER ALERT: Pawar Law Group Announces a Securities Class Action Lawsuit Against MoneyGram International, Inc. \u2013 MGI - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, March 05, 2021 (GLOBE NEWSWIRE) &#8212; Pawar Law Group announces a class action lawsuit on behalf of shareholders who purchased shares of \u00a0MoneyGram International, Inc. (NASDAQ: MGI) from June 17, 2019 through February 22, 2021, inclusive (the \u201cClass Period\u201d). The lawsuit seeks to recover damages for MoneyGram International, Inc. investors under the federal securities laws. To join the class action, go here or call Vik Pawar, Esq. toll-free at 888-589-9804 or email\u00a0info@pawarlawgroup.com\u00a0for information on the class action. According to the lawsuit, \u00a0defendants made false and\/or misleading statements and\/or failed to disclose that: XRP, the cryptocurrency that MoneyGram was utilizing as part of its Ripple partnership, was viewed as an unregistered and therefore unlawful security by the SEC; in &hellip; Continue reading &quot;SHAREHOLDER ALERT: Pawar Law Group Announces a Securities Class Action Lawsuit Against MoneyGram International, Inc. \u2013 MGI&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pawar-law-group-announces-a-securities-class-action-lawsuit-against-moneygram-international-inc-mgi\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-05T17:21:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4NTMzNCM0MDUwODA4IzIwODMxNDk=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-pawar-law-group-announces-a-securities-class-action-lawsuit-against-moneygram-international-inc-mgi\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-pawar-law-group-announces-a-securities-class-action-lawsuit-against-moneygram-international-inc-mgi\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SHAREHOLDER ALERT: Pawar Law Group Announces a Securities Class Action Lawsuit Against MoneyGram International, Inc. \u2013 MGI\",\"datePublished\":\"2021-03-05T17:21:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-pawar-law-group-announces-a-securities-class-action-lawsuit-against-moneygram-international-inc-mgi\\\/\"},\"wordCount\":347,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-pawar-law-group-announces-a-securities-class-action-lawsuit-against-moneygram-international-inc-mgi\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODE4NTMzNCM0MDUwODA4IzIwODMxNDk=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-pawar-law-group-announces-a-securities-class-action-lawsuit-against-moneygram-international-inc-mgi\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-pawar-law-group-announces-a-securities-class-action-lawsuit-against-moneygram-international-inc-mgi\\\/\",\"name\":\"SHAREHOLDER ALERT: Pawar Law Group Announces a Securities Class Action Lawsuit Against MoneyGram International, Inc. \u2013 MGI - 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