EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against YayYo, Inc. – YAYO

NEW YORK, Aug. 11, 2020 /PRNewswire/ — Rosen Law Firm, a global investor rights law firm, announces it is investigating potential…

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 pkim@rosenlegal.com or cases@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

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.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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Contact Information:

      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

      lrosen@rosenlegal.com

      pkim@rosenlegal.com

      cases@rosenlegal.com

      www.rosenlegal.com

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SOURCE Rosen Law Firm, P.A.