Rosen, a leading investor advisor, encourages investors to ask questions about securities.

NEW YORK, NY–(The News File Corporation – January 4, 2025) – why: The Rosen Law Firm, a global investor rights law firm, has announced that it is investigating claims on behalf of shareholders of Dave Inc., alleging that Dave provided materially misleading business information to the investing public.

So what? If you purchase Dave Securities, you may receive compensation through a contingent payment arrangement without paying any out-of-pocket fees or expenses. The Rosen Law Firm is preparing a class action seeking to recover investors’ losses.

What to do next: To join the upcoming class action, go to https://rosenlegal.com/submit-form/?case_id=32893 or call Phillip Kim, Esq. Toll free at 866-767-3653 or email case@rosenlegal.com for class action information.

What is this about? In the year On November 12, 2024, the Department of Justice, along with the Federal Trade Commission (FTC), announced that it would take civil enforcement action against Dave Inc. and its founder, president, CEO and chairman of the board of directors, Jason Wilk. They violated the FTC Act and the Restoration of Online Consumer Confidence Act (ROSCA). The government’s lawsuit accuses the defendants of misleading customers by falsely promoting Dave’s Cashback, asking for hidden fees, explaining how Dave uses customer referrals and having recurring monthly payments waived.

On this news, Dave’s stock price fell approximately 8% on December 31, 2024.

Why the Rose Rule? We encourage investors to select a qualified advisor with a track record of success in a leadership role. Oftentimes, the organizations that issue the ads don’t have comparable experience, resources, or any meaningful peer recognition. Most of these companies do not litigate warranty class actions. Be wise when choosing advice. The Rosen Law Firm represents investors worldwide, focusing its practice on securities class actions and shareholder derivative litigation. Rosen Law Firm won the largest securities class action against a Chinese company at the time. Rosen Law Firm is rated Class 1 by ISS Securities. Action (WA:) Services for the number of actions settlements for the securities division in 2017. The firm has been ranked in the top 4 every year since 2013 and has raised hundreds of millions of dollars for investors. In the year In 2019 alone, the company raised over $438 million for investors. In the year In 2020, founding partner Lawrence Rosen was named a Titan of the Plaintiffs Bar by Law360. Many of the firm’s lawyers are accredited by Laudragon and Super Lawyers.

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Notice of attorney. Previous results do not guarantee the same result.

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