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Johnson Fistel has Commenced an Investigation on Behalf of Block, Inc. Shareholders

1. Johnson Fistel investigates Block, Inc. for potential fiduciary breaches. 2. Allegations involve misleading public statements and oversight failures. 3. Shareholders before February 2020 may have legal rights against Block. 4. Recent disclosures reveal potential illegal activities on Block's platforms. 5. This investigation could indicate broader implications in the tech industry.

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FAQ

Why Bearish?

Investigations into fiduciary duties often lead to stock price declines. History shows that companies with similar issues face significant investor skepticism.

How important is it?

The investigation raises concerns about fiduciary responsibilities, impacting investor trust. AGYS's correlations in sectors might elevate its sensitivity to similar news.

Why Short Term?

The ongoing investigation could lead to immediate legal and financial implications. Past incidents indicate quicker market reactions to such news.

Related Companies

XYZ
SAN DIEGO , April 17, 2025 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP, a leading stockholder rights law firm, has initiated an investigation into the board members and executive officers of Block, Inc. (NASDAQ: XYZ) for potential breaches of fiduciary duties and violations of the federal securities laws. What is Johnson Fistel Investigating? Between February 26, 2020 and April 26, 2024, certain Block insiders are alleged to have caused the company to issue potentially false and misleading public statements and omissions concealing the company’s alleged failure to monitor potentially illegal activity taking place on its platforms. However, beginning on March 23, 2023, and continuing through April 30, 2024, the truth about the transactions taking place on the company’s platforms and the company’s potential failure to monitor the nature of these transactions was disclosed to the market. Current stockholders who held their Block stock before February 26, 2020, are encouraged to contact Johnson Fistel to discuss their legal rights in this matter. You can click or copy and paste the following link to join this investigation: https://www.johnsonfistel.com/investigations/block-inc-3 About Johnson Fistel, PLLP: Johnson Fistel, PLLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, Idaho, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising.Past results do not guarantee future outcomes.Services may be performed by attorneys in any of our offices. Johnson Fistel, PLLP has paid for the dissemination of this promotional communication, and Frank J. Johnson is the attorney responsible for its content. Contact: Johnson Fistel, PLLP501 W. Broadway, Suite 800, San Diego, CA 92101James Baker, Investor Relations or Frank J. Johnson, Esq., (619) 814-4471jimb@johnsonfistel.com or fjohnson@johnsonfistel.com

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