Legal Investigation - The Portnoy Law Firm has initiated an investigation into possible securities fraud involving Sezzle Inc and may file a class action on behalf of investors [1] - Investors who lost money on their Sezzle investment are encouraged to contact Lesley Portnoy, Esq to discuss their legal rights and options for pursuing claims [2] - The Portnoy Law Firm can provide a complimentary case evaluation and has recovered over $5.5 billion for aggrieved investors [4] Company Allegations - Sezzle shares dropped 22% on December 18 following allegations from Hindenburg Research [3] - Hindenburg accused Sezzle of unsustainable lending practices funded by high-interest loans, inflating its customer and merchant base, and enabling insiders to profit through margin loans [3] - The report raised significant concerns about Sezzle's financial stability and business model [3] Legal Representation - Block & Leviton is conducting an investigation into the allegations against Sezzle [3] - The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing [4]
Sezzle Inc. Investors: Company Investigated by the Portnoy Law Firm
Globenewswire·2025-01-07 23:15