An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Triterras, Inc.
Investors who are current long term investors in Triterras, Inc. (NASDAQ: TRIT) shares, have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 – 1554.
The investigation by a law firm for current long term investors in NASDAQ: TRIT stocks follows a lawsuit filed against Triterras, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: TRIT stocks, concerns whether certain Triterras directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the Southern District of New York the plaintiff alleges that the defendants made false and/or misleading statements and/or failed to disclose the extent to which the Company’s revenue growth relied on Triterras’ relationship with Rhodium Resources Pte. Ltd. (“Rhodium”) to refer users to the Kratos platform, that Rhodium faced significant financial liabilities that jeopardized its ability to continue as a going concern, that, as a result, Rhodium was likely to refer fewer users to the Company’s Kratos platform, and that, as a result of the foregoing, defendants’ positive statements about Triterras’ business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Those who purchased shares of Triterras, Inc. (NASDAQ: TRIT) have certain options and should contact the Shareholders Foundation.
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About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
This release was published on openPR.