Brief: Longfin shareholder accuses company, CEO of securities fraud in proposed class-action lawsuit

Longfin

03/04/2018 18:16

April 3 (Reuters) - Reddy accused defendants of making
misleading statements about or failing to disclose material
weaknesses in longfin's opeations and internal controls that
hindered company's profitability
Reddy says longfin stock price fell as defendants' alleged
failures became known, causing losses, and prompting the lawsuit
Shareholder of longfin corp  LFIN.O  files proposed class-action
lawsuit accusing company, ceo of securities fraud -- court
filing
The plaintiff, karthik reddy, filed lawsuit in manhattan federal
court