Mar. 11 at 2:31 PM
$RVYL has agreed to settle with investors over claims that it engaged in accounting fraud and misrepresented its financial statements.
Who's eligible?
Anyone who purchased
$RVYL shares between January 29, 2021 and April 20, 2023.
Do I need to sell my shares to qualify?
No — you are eligible whether you sold your shares or still hold them.
How much is the payout?
The payout per share is
$0.04 — but normally only ~25% of eligible investors file, the effective payout could increase to
$0.16.
Can I still file?
Yes — claims are currently being accepted.
When do payouts happen?
Typically within 8–12 months after court approval of the settlement.
To file your claim: https://11th.com/cases/ryvyl-investor-suit