Connected Class Action Nearing Its Own Resolution
The derivative suit also points to substantial litigation costs arising from a related securities class action. That separate case has already received preliminary approval for a $1 million settlement, with a final hearing set for Dec. 19.
Responses Pending
Representatives for both sides did not immediately respond to requests for comment Monday.
The investors are represented by Robert C. Moest of the Law Offices of Robert C. Moest and Timothy W. Brown of The Brown Law Firm PC.
Ryvyl is represented by Sean T. Prosser and Cesar M. Dulanto of Mintz Levin Cohn Ferris Glovsky and Popeo PC.
