About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Altamira Gold Trenches 17m @ 1.5g/t Gold 200 metres South of the Cajueiro Central Mineral Resource Block on Extension of Central Resource MineralizationFebruary 05, 2025 7:30 AM EST | Source: Altamira Gold Corp.Vancouver, British Columbia--(Newsfile Corp. - February 5, 2025) - Altamira Gold Corp. (TSXV: ALTA) (FSE: T6UP) (OTC Pink: EQTRF), ("Altamira" or the "Company") is pleased to announce the results of recent trenching for metallurgical sample collection and testing of extensions to minera ...

NEW YORK, Feb. 4, 2025 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Block, Inc. ("Block" or the "Company") (NYSE: SQ). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.The class action concerns whether Block and certain of its officers and/or directors ...

NEW YORK, Feb. 4, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Block, Inc. ("Block" or the "Company") (NYSE: SQ) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Block investors who were adversely affected by alleged securities fraud between February 26, 2020 and April 30, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/block-inc-lawsuit-submission-form-2?prid=12674 ...

SAN DIEGO, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers of Block, Inc. (NYSE: XYZ) Class A common stock between February 26, 2020 and April 30, 2024, inclusive (the “Class Period”), have until March 18, 2025 to seek appointment as lead plaintiff of the Block class action lawsuit. Captioned Gonsalves v. Block, Inc., No. 25-00642 (N.D. Cal.), the Block class action lawsuit charges Block as well as certain of Block’s top executive officers with violations of the ...

NEW YORK, Feb. 02, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Class A common stock of Block, Inc. (NYSE: SQ, XYZ) between February 26, 2020 and April 30, 2024, both dates inclusive (the “Class Period”), of the important March 18, 2025 lead plaintiff deadline. SO WHAT: If you purchased Block Class A common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee a ...

Stock in Block (NYSE: XYZ ) is 33% higher since our last coverage , outperforming the S&P 500’s 6% rise. With its rapid growth in Cash App, lending profitability, and growing user activity, its growth continues to outpace its counterparts. With 57M monthly active usersYiannis Zourmpanos, founder of Yiazou IQ, an AI-driven stock research platform providing all-in-one stock reports. Experience: Previously worked at Deloitte and KPMG in external/internal auditing and consulting. Education: Chartered Certified ...

NEW YORK, Jan. 31, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Block, Inc. ("Block" or the "Company") (NYSE: SQ) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Block investors who were adversely affected by alleged securities fraud between February 26, 2020 and April 30, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/block-inc-lawsuit-submission-form-2?prid=1260 ...

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Block, Inc. regarding a class action lawsuit alleging that the company engaged in widespread compliance lapses and failed to disclose material information that led to illegal activities on its platforms [1]. Allegations Summary - Block allegedly issued materially false and misleading statements and failed to disclose compliance issues related to customer identity verification and transaction nature [1]. - The company is accused of creating an environment that facilitated illegal activities, including money laundering, child sexual abuse, and drug trafficking, by imposing minimal obligations on customers [1]. - Thousands of transactions on Block's platforms were reportedly linked to various illegal activities, and the company allowed customers to withdraw funds even after accounts were flagged for suspicious activities [1]. - Customers could open multiple accounts using fake identities, contributing to illegal activities, while senior leadership failed to address known compliance deficiencies [1]. - Block's user metrics for Cash App were allegedly inflated through the use of fake accounts, exposing the company to reputational harm and regulatory risks [1]. Next Steps for Shareholders - Shareholders who purchased shares during the specified class period are encouraged to register for the class action by March 18, 2025, to participate in potential recovery [2]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the case lifecycle [2]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements that inflate stock prices [3].

Core Viewpoint - The article discusses a class action lawsuit against Block, Inc. for alleged violations of the Securities Exchange Act of 1934, with claims of widespread compliance failures and illegal activities facilitated through its platforms [1][3]. Company Overview - Block, Inc. is a financial technology conglomerate known for its products such as Square, a financial services platform, and Cash App, a mobile payment service [2]. Allegations of the Lawsuit - The lawsuit alleges that Block engaged in years-long compliance lapses, failing to conduct due diligence on customer identities and transactions, which allowed illegal activities to proliferate on its platforms [3]. - Specific allegations include facilitating money laundering, child sexual abuse, sex trafficking, drug trafficking, terrorism financing, and other illicit activities through inadequate customer verification processes [3]. - It is claimed that Block's leadership ignored numerous red flags regarding compliance deficiencies and that user metrics for Cash App were artificially inflated through fake accounts [3]. Impact of Investigations and Reports - Following a damaging report by Hindenburg Research on March 23, 2023, Block's Class A common stock price fell nearly 15% [4]. - On August 3, 2023, Block disclosed investigations by the SEC and DOJ, leading to a further decline of nearly 14% in stock price [5]. - Reports on February 16, 2024, indicated federal regulators were probing allegations of inadequate due diligence, resulting in a more than 5% drop in stock price [6]. - A subsequent report on May 1, 2024, revealed ongoing investigations into compliance lapses, causing an additional decline of over 8% in stock price [7]. Legal Process for Lead Plaintiff - Investors who purchased Block Class A common stock during the specified period can seek appointment as lead plaintiff in the class action lawsuit, representing the interests of all class members [9]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud cases, having secured significant monetary relief for investors in past class action lawsuits [10].