NEW ORLEANS--(BUSINESS WIRE)--ClaimsFiler, a FREE shareholder information service, reminds investors that they have only until June 4, 2018 to file lead plaintiff applications in securities class action lawsuits against Longfin Corp. (NasdaqCM: LFIN). Investor losses must relate to purchases of the Company’s shares between December 13, 2017 and April 2, 2018. These actions are pending in the United States District Courts for the Southern and Eastern Districts of New York.
Longfin investors should visit us at https://www.claimsfiler.com/cases/view-longfin-corp-securities-litigation or call to speak to our claim center toll-free at (844) 367-9658.
About the Lawsuits
On April 2, 2018, post-market, Longfin filed its 2017 10K revealing that the Company was the subject of an SEC investigation, had a multitude of material weaknesses in its internal controls over financial reporting, and that it may not be able to continue as a going concern. On this news, Longfin’s share price fell $4.42, or 30.88%, to close at $9.89 on April 3, 2018.
ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. ClaimsFiler's team of experts monitor the securities class action landscape and cull information from a variety of sources to ensure comprehensive coverage across a broad range of financial instruments.
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