NEW YORK, Aug. 11, 2020 /PRNewswire/ — Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of YayYo, Inc. (OTC: YAYO) resulting from allegations that YayYo may have issued materially misleading business information to the investing public.
In November 2019, YayYo commenced its initial public offering («IPO»), selling approximately 2.7 million shares of common stock priced at $4.00 per share. Then, on February 10, 2020, the Company announced that its Board of Directors had decided to delist YayYo’s common stock from the NASDAQ.
Since the IPO, the Company’s shares have traded as low as $0.30, or 93% below the IPO price.
Rosen Law Firm is preparing a securities lawsuit on behalf of YayYo shareholders. If you purchased securities of YayYo please visit the firm’s website at http://www.rosenlegal.com/cases-register-1915.html to join the securities action. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at firstname.lastname@example.org or email@example.com.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.
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Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
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SOURCE Rosen Law Firm, P.A.