Lawsuit for Investors in NASDAQ: GSKY shares against GreenSky, Inc. announced by Shareholders Foundation
SAN DIEGO, Jan. 08, 2019 (GLOBE NEWSWIRE) -- The Shareholders Foundation, Inc. announces that a lawsuit was filed for certain investors in NASDAQ: GSKY shares against GreenSky, Inc. Investors in shares of GreenSky, Inc. (NASDAQ: GSKY) have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554. The plaintiff alleges that the Registration Statement issued in connection with the Company’s May 24, 2018 initial public offering was materially false and misleading and omitted to state that the Company’s transaction fee rates did not reasonably account for higher interest rates, that the solar panel merchants paid a higher average transaction fee rate than the elective healthcare merchants, that, as a result, the Company’s expansion into elective healthcare would materially impact the average transaction fee rate, and that, as a result of the foregoing, Defendants’ statements in the Registration Statement regarding GreenSky’s business, operations, and prospects, were materially false and/or misleading. Those who purchased GreenSky, Inc. (NASDAQ: GSKY) shares should contact the Shareholders Foundation, Inc. CONTACT:Shareholders Foundation, Inc. Michael Daniels +1 (858) 779-1554 email@example.com 3111 Camino Del Rio North Suite 423 San Diego, CA 92108 The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.