{"id":470335,"date":"2021-04-02T10:21:44","date_gmt":"2021-04-02T14:21:44","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=470335"},"modified":"2021-04-02T10:21:44","modified_gmt":"2021-04-02T14:21:44","slug":"mgi-lawsuit-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-against-moneygram-international-inc-3","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/mgi-lawsuit-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-against-moneygram-international-inc-3\/","title":{"rendered":"MGI LAWSUIT FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Against MoneyGram International, Inc."},"content":{"rendered":"<div class=\"mw_release\">\n<p>NEW YORK, April  02, 2021  (GLOBE NEWSWIRE) &#8212; Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of MoneyGram International, Inc. (\u201cMoneyGram\u201d or the \u201cCompany\u201d) (NASDAQ: MGI) from June 3, 2019, through February 22, 2021 (the \u201cClass Period\u201d). The lawsuit filed in the United States District Court for the Central District of California alleges violations of the Securities Exchange Act of 1934.<\/p>\n<p>If you <strong>purchased MoneyGram securities, and\/or would like to discuss your legal rights and options<\/strong> please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=8Dt80a5GvFf9gb8jIXyhNNBAuubP_WMIiL3-L-2rXXphsc5l9k3XKKbLTG6jnBJvexJH1qmhK9OXHbp4Nt2oq7YdxxFDhzR-SyhaYCwTJ7mrfWLwBFMsA1yzrAAlDcxpj-ZCFql5jvMynj7KrR5EEEuu69AV2uO7CMfVryo0DggVQ_NCN06BrkuiYIfbpopja2v3IBY1SCoYueMAc9SRu2LtmHoTxeWZ4dDFlsdE-T5FdIvcqsnUBg9vCfyQ8d6q\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">MoneyGram Shareholder Class Action Lawsuit<\/a> or contact <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=EcibdcTEBU1tr2gs_mFLnW7ANxuXBBpkRKX39UCIOtu5UTGK0l_lNASuc1fLm6ft5NSsgYlKIAia_486VQfpqs6RwCK3kmGSzv_nzmExDl8=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Matthew E. Guarnero<\/a> toll free at <strong>(877) 779-1414<\/strong> or <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=kQpOSRRy1pltcRbL1P4ibZaP9UNYu5gPNWgq1taVUyPVodv9cfb_P0lp0x6eU09txneicyOJ8oA1l7qNg4_OrJBETuZiM73rqV0KjQzAGyI=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">MGuarnero@bernlieb.com<\/a><\/p>\n<p>The complaint alleges that throughout the Class Period, defendants made materially false and\/or misleading statements, as well as failed to disclose to investors: (1) 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; (2) 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 (3) as a result, defendants\u2019 public statements were materially false and\/or misleading at all relevant times.<\/p>\n<p>On February 22, 2021, MoneyGram filed its annual report on Form 10-K for the year ended December 31, 2020, disclosing to shareholders that it was \u201cpossible that MoneyGram will not resume transacting with Ripple under the commercial agreement and will be unable to receive the related market development fees in 2021 and beyond.\u201d<\/p>\n<p>On this news, MoneyGram securities fell 33.2%, from a closing price on February 19, 2021 of $10.87, to a closing price on February 23, 2021 of $7.26 per share.<\/p>\n<p>If you wish to serve as lead plaintiff, you must move the Court no later than April 30, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn\u2019t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.<\/p>\n<p>If you <strong>purchased MoneyGram securities, and\/or would like to discuss your legal rights and options<\/strong> please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=sxx2EqLw2qvMOYiVMJhP1FQP6HPLUDfCRUBrJSbFVUYCfVO171wFRf_HLUk2l5UBUx6-Cl7o_OYEDzfQuJJuzpswDsa0I255-7xR27YMmQm46yLEYESH6dxGpSRLyNX0IkdArtYntGw-2IquEvI53wAKNRuZIAHDZZNvnxibN95T1CdlmSsYQlsiZ5k7AUHqTME6NH3J7Uw9vZ_7ccInrFN22BoFoS_rUn-_6kn2yTEkETKZpsGjS7xUlzyzkCvVkMcYwZDlPrB5DQuHYbciGuuMWj8euq-rFFW5jDzYFgM0Rb0G6e6F7iWYZ7OsJdQZBFHTkJ7503El9cc2E2I96Q==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.bernlieb.com\/cases\/moneygraminternational-mgi-shareholder-class-action-lawsuit-stock-fraud-368\/apply\/<\/a> or contact <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=EcibdcTEBU1tr2gs_mFLnZBfi_BJlJUp5LvukDtUkjMGPYHEH5AigLHbUvmVjN2DY-OPFGxG_8MEU_VHsM8UqjW-w87BvEzlw_ORC1v4VlA=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Matthew E. Guarnero<\/a> toll free at <strong>(877) 779-1414<\/strong> or <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=kQpOSRRy1pltcRbL1P4ibZaP9UNYu5gPNWgq1taVUyPgKtKEcUec0XBbsFdLJvhF92FS2yYl5qKNrArwlVGXbYDCAMS5S0CvC-XC_0MjsME=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">MGuarnero@bernlieb.com<\/a>.<\/p>\n<p>Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal\u2019s \u201cPlaintiffs\u2019 Hot List\u201d thirteen times and listed in The Legal 500 for ten consecutive years.<\/p>\n<p>ATTORNEY ADVERTISING. \u00a9 2021 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin. Prior results do not guarantee or predict a similar outcome with respect to any future matter.<\/p>\n<p>Contact Information<\/p>\n<p>Matthew E. Guarnero<br \/>Bernstein Liebhard LLP<br \/>https:\/\/www.bernlieb.com<br \/>(877) 779-1414<br \/>MGuarnero@bernlieb.com<\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE5MTQ3MiM0MDY3OTAzIzIwMjkzNDk=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/f8b453f0-283e-496b-9b98-0fd350a8c53e\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, April 02, 2021 (GLOBE NEWSWIRE) &#8212; Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of MoneyGram International, Inc. (\u201cMoneyGram\u201d or the \u201cCompany\u201d) (NASDAQ: MGI) from June 3, 2019, through February 22, 2021 (the \u201cClass Period\u201d). The lawsuit filed in the United States District Court for the Central District of California alleges violations of the Securities Exchange Act of 1934. If you purchased MoneyGram securities, and\/or would like to discuss your legal rights and options please visit MoneyGram Shareholder Class Action Lawsuit or contact Matthew E. Guarnero &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/mgi-lawsuit-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-against-moneygram-international-inc-3\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;MGI LAWSUIT FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Against MoneyGram International, Inc.&#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-470335","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>MGI LAWSUIT FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Against MoneyGram International, Inc. - 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\/mgi-lawsuit-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-against-moneygram-international-inc-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MGI LAWSUIT FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Against MoneyGram International, Inc. - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, April 02, 2021 (GLOBE NEWSWIRE) &#8212; Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of MoneyGram International, Inc. (\u201cMoneyGram\u201d or the \u201cCompany\u201d) (NASDAQ: MGI) from June 3, 2019, through February 22, 2021 (the \u201cClass Period\u201d). The lawsuit filed in the United States District Court for the Central District of California alleges violations of the Securities Exchange Act of 1934. If you purchased MoneyGram securities, and\/or would like to discuss your legal rights and options please visit MoneyGram Shareholder Class Action Lawsuit or contact Matthew E. Guarnero &hellip; Continue reading &quot;MGI LAWSUIT FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Against MoneyGram International, Inc.&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/mgi-lawsuit-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-against-moneygram-international-inc-3\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-02T14:21:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE5MTQ3MiM0MDY3OTAzIzIwMjkzNDk=\" \/>\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=\"3 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\\\/mgi-lawsuit-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-against-moneygram-international-inc-3\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mgi-lawsuit-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-against-moneygram-international-inc-3\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"MGI LAWSUIT FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Against MoneyGram International, Inc.\",\"datePublished\":\"2021-04-02T14:21:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mgi-lawsuit-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-against-moneygram-international-inc-3\\\/\"},\"wordCount\":578,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mgi-lawsuit-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-against-moneygram-international-inc-3\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODE5MTQ3MiM0MDY3OTAzIzIwMjkzNDk=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mgi-lawsuit-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-against-moneygram-international-inc-3\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mgi-lawsuit-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-against-moneygram-international-inc-3\\\/\",\"name\":\"MGI LAWSUIT FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Against MoneyGram International, Inc. - 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(\u201cMoneyGram\u201d or the \u201cCompany\u201d) (NASDAQ: MGI) from June 3, 2019, through February 22, 2021 (the \u201cClass Period\u201d). The lawsuit filed in the United States District Court for the Central District of California alleges violations of the Securities Exchange Act of 1934. If you purchased MoneyGram securities, and\/or would like to discuss your legal rights and options please visit MoneyGram Shareholder Class Action Lawsuit or contact Matthew E. Guarnero &hellip; Continue reading \"MGI LAWSUIT FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Against MoneyGram International, Inc.\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/mgi-lawsuit-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-against-moneygram-international-inc-3\/","og_site_name":"Market Newsdesk","article_published_time":"2021-04-02T14:21:44+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE5MTQ3MiM0MDY3OTAzIzIwMjkzNDk=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/mgi-lawsuit-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-against-moneygram-international-inc-3\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/mgi-lawsuit-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-against-moneygram-international-inc-3\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"MGI LAWSUIT FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Against MoneyGram International, Inc.","datePublished":"2021-04-02T14:21:44+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/mgi-lawsuit-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-against-moneygram-international-inc-3\/"},"wordCount":578,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/mgi-lawsuit-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-against-moneygram-international-inc-3\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE5MTQ3MiM0MDY3OTAzIzIwMjkzNDk=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/mgi-lawsuit-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-against-moneygram-international-inc-3\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/mgi-lawsuit-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-against-moneygram-international-inc-3\/","name":"MGI LAWSUIT FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Against MoneyGram International, Inc. - 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