Alfi Investor Alert: Investors Who Have Suffered Losses Greater Than $25,000 Are Encouraged To Contact Kehoe Law Firm, P.C.
PHILADELPHIA, Nov. 19, 2021 (GLOBE NEWSWIRE) — Kehoe Law Firm, P.C. is investigating whether Alfi, Inc. (“Alfi” or the “Company”) (NASDAQ: ALF) violated federal securities laws or engaged in other unlawful business practices.
Alfi investors should be aware that the Company reported in a Form 8-K filing with the SEC that “[o]n October 22, 2021, the Board of Directors . . . of Alfi . . . placed each of Paul Pereira, the Company’s President and Chief Executive Officer, Dennis McIntosh, the Company’s Chief Financial Officer and Treasurer, and Charles Pereira, the Company’s Chief Technology Officer, on paid administrative leave and authorized an independent internal investigation regarding certain corporate transactions and other matters.” Alfi also reported that “[o]n October 28, 2021, Mr. C. Pereira’s employment with the Company was terminated.”
On this news, shares of Alfi dropped, thereby injuring investors.
ALFI INVESTORS WHO PURCHASED, OR OTHERWISE ACQUIRED, THE COMPANY’S SECURITIES AND SUFFERED LOSSES GREATER THAN $25,000 ARE ENCOURAGED TO COMPLETE KEHOE LAW FIRM’S SECURITIES CLASS ACTION QUESTIONNAIRE OR CONTACT JOHN KEHOE, ESQ., (215) 792-6676, EXT. 801, [email protected], OR MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, [email protected], [email protected], TO DISCUSS THE SECURITIES CLASS ACTION INVESTIGATION OR POTENTIAL LEGAL CLAIMS.
Kehoe Law Firm, P.C., with offices in New York and Philadelphia, is a multidisciplinary, plaintiff–side law firm dedicated to protecting investors from securities fraud, breaches of fiduciary duties, and corporate misconduct. Combined, the partners at Kehoe Law Firm have served as Lead Counsel or Co-Lead Counsel in cases that have recovered more than $10 billion on behalf of institutional and individual investors.
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