Recent Securities Litigations

StoneCo Ltd. Class A Common Shares (NASDAQ: STNE)

48 Days left to seek lead plaintiff status.

Company Name:StoneCo Ltd. Class A Common Shares
Stock Symbol:NASDAQ: STNE
Class Period Start:03/11/2021
Class Period End (inclusive):11/16/2021
Filing Deadline:01/18/2022

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that StoneCo was experiencing difficulties in implementing its credit product; (2) that StoneCo faced significant risks via its point-of-sale vendor, PAX Global Technology Ltd.; (3) that, as a result of the foregoing, the Company’s financial results would be adversely impacted; and (4) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

StoneCo Ltd. Class A Common Shares (NASDAQ: STNE) Claim Form

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