Block, Inc. (SQ)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Block, Inc. f/k/a Square, Inc. (“Block” or “the Company”) (NYSE: SQ). Investors who purchased Block securities are encouraged to obtain additional information and assist the investigation.
The investigation concerns whether Block has violated federal securities laws.
Investigation Details:
On May 1, 2024, NBC published a report on Square and stated that “Federal prosecutors are digging into internal practices at Block, the financial technology firm launched by Twitter co-founder Jack Dorsey, discussing with a former employee alleged widespread and yearslong compliance lapses at the company’s two main units, Square and Cash App, two people with direct knowledge of the contacts say.” Following this news, Block stock dropped more than 7.3% during intraday trading on the same day.
What’s Next?
If you are aware of any facts relating to this investigation or purchased Block securities, you can assist this investigation. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.
There is No Cost to You
We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman:
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
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Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller