SAN FRANCISCO, May 05, 2023 (GLOBE NEWSWIRE) — Hagens Berman urges Virtu Financial, Inc. VIRT Investors who suffered significant losses Submit your losses now.
Virtu Financial, Inc. (VIRT) Investigation:
The investigation focuses on Virtu’s previous assurances that it “moves forward[s] maintain and enforce appropriate information barriers to segment and protect sensitive customer data.”
Virtu’s representations have been called into question as of February 17, 2023, when the company announced that it “has responded to requests for information from the US Securities and Exchange Commission related to an investigation into the company’s barriers to information access” and “[t]The company is cooperating with this civil investigation.”
Then, on April 28, 2023, Virtu further announced that it “has been in settlement discussions” with the SEC, “the company currently believes it may receive a Wells filing from the SEC” and that the filing “would be anticipated.” “. Assert violations of state securities laws related to the Company’s information barrier policies and procedures […] and related Company statements[.]”
These revelations have sent Virtu shares down sharply.
“We are focused on investor losses and whether Virtu may have misled investors about protecting customer privacy,” said Reed Kathrein, the partner at Hagens Berman who led the investigation.
If you have invested in Virtu and are experiencing significant losses or have knowledge that may assist the firm’s investigations, Click here to discuss your legal rights with Hagens Berman.
Whistleblower: Those with nonpublic information about Virtu should consider their options to assist in the investigation or use the SEC’s whistleblower program. Under the new program, whistleblowers who provide original information can…