StockNews.AI
VIRT
StockNews.AI
141 days

VIRTU ALERT: Bragar Eagel & Squire, P.C. is Investigating Virtu Financial, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

1. VIRT is under investigation for potential shareholder claims. 2. Class action filed for misleading statements from March 2019 to April 2023. 3. Claims include deficiencies in operational and technological policies. 4. Allegations suggest increased regulatory scrutiny and breached fiduciary duties. 5. Long-term shareholders may seek information and legal recourse.

4m saved
Insight
Article

FAQ

Why Very Bearish?

The investigation and class action suggest significant mismanagement risks. Similar cases have historically led to sharp declines in stock price.

How important is it?

The ongoing investigation poses risks for VIRT's financial stability. Legal actions often lead to negative market sentiment and possible financial penalties.

Why Short Term?

Legal actions typically have immediate effects. Companies facing class actions may see declines in stock prices as uncertainty and fear drive investor decisions.

Related Companies

FISVCMEICE
NEW YORK, March 31, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Virtu Financial, Inc. (NASDAQ: VIRT) on behalf of long-term stockholders following a class action complaint that was filed against Virtu on May 19, 2023 with a Class Period from March 1, 2019 to April 28, 2023. Our investigation concerns whether the board of directors of Virtu have breached their fiduciary duties to the company. Throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and prospects. Specifically, Defendants 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. If you are a long-term stockholder of Virtu, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at investigations@bespc.com, by telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you. About Bragar Eagel & Squire, P.C.: Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes. Follow us for updates on LinkedIn, X, and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn and X. Contact Information: Bragar Eagel & Squire, P.C.Brandon Walker, Esq.Marion Passmore, Esq.(212) 355-4648investigations@bespc.comwww.bespc.com

Related News