Notice Long-term Virtu Financial Inc. (VIRT) Shareholders: Grabar Law Office Investigates Claims on Your Behalf

April 22, 2024 4:29 PM EDT | Source: Grabar Law Office

Philadelphia, Pennsylvania--(Newsfile Corp. - April 22, 2024) - Current Virtu Financial Inc. (NASDAQ: VIRT) shareholders who have continuously held Virtu shares since prior to November 7, 2018, can seek corporate reforms, the return of funds back to company coffers, and a court approved incentive award at no cost to them whatsoever. Learn more or join by clicking https://grabarlaw.com/the-latest/Virtu-shareholder-investigation/

WHAT IS HAPPENING: Grabar Law Office is investigating claims on behalf of long-term Virtu shareholders. The investigation concerns whether certain officers of the company have breached their fiduciary duties owed to the company.

WHY: A securities fraud class action complaint alleges that Virtu Financial, via certain of its officers and directors, made false and/or misleading statements and/or failed to disclose that: (i) the Company maintained deficient policies and procedures with respect to its information access barriers; (ii) accordingly, Virtu had overstated the Company's operational and technological efficacy as well as its capacity to block the exchange of confidential information between departments or individuals within the Company; (iii) the foregoing deficiencies increased the likelihood that the Company would be subject to enhanced regulatory scrutiny; and (iv) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.

WHAT YOU SHOULD DO: Current Virtu shareholders who have held Virtu stock since on or before November 7, 2018, can seek corporate reforms, the return of funds spent defending litigation back to the company, and a court approved incentive award, at no cost to them.

If you would like to learn more about this matter, you are encouraged visit https://grabarlaw.com/the-latest/Virtu-shareholder-investigation/, contact Joshua H. Grabar at jgrabar@grabarlaw.com or call 267-507-6085.

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Contact:
Joshua H. Grabar, Esq.
Grabar Law Office
One Liberty Place
1650 Market Street, Suite 3600
Philadelphia, PA 19103
Tel: 267-507-6085
Email: jgrabar@grabarlaw.com
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/206467

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