Nuvei Corporation

Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Nuvei Corporation (NASDAQ: NVEI) resulting from allegations that Nuvei may have issued materially misleading business information to the investing public.

If you purchased Nuvei securities and would like to join the prospective action, please click “Join This Class Action.”

If you purchased Nuvei securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Details of investigation:

On December 8, 2021, market analyst Spruce Point Capital Management released a report regarding Nuvei which alleged, among other things, that Nuvei is “a highly promoted payments processing technology company,” which “has covered up a pattern of business failures, lack of organic growth, and a web of relationships with individuals connected to major Ponzi Schemes and alleged fraudulent activities[.]”

On this news, Nuvei’s share price fell $39.38, or 40%, to close at $57.97 per share on December 8, 2021.

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Company Name: Nuvei Corporation
Stock Symbol: NVEI
Class Period: N/A
Court: N/A

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The Rosen Law Firm has been ranked among the top 4 law firms each year since 2013 for the number of successful securities class actions on behalf of investors. In 2019 alone, our firm recovered $438 million for investors.

Investors should carefully identify and select experienced counsel with a track record of success leading securities class actions. Often other firms issue press releases about class actions yet do not have comparable experience or resources.

Institutional Shareholders Services ranked the Rosen Law Firm # 1 for the number of securities class action recoveries in 2017.

The Rosen Law Firm represents investors throughout the globe. Our mission is to prosecute securities fraud class actions and protect shareholders’ rights.

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