| COMPANY |
Virtu Financial, Inc. |
| COURT |
United States District Court for the Eastern District of New York |
| CASE NUMBER |
23-cv-03770 |
| JUDGE |
The Hon. Nicholas Garaufis |
| CLASS PERIOD |
November 7, 2018 and September 12, 2023 |
| SECURITY TYPE |
Common Stock |
Case Background:
This is a class action lawsuit on behalf of those who purchased or acquired Virtu Financial, Inc. ("Virtu") (NASDAQ: VIRT) securities between November 7, 2018 and September 12, 2023, both dates inclusive (the “Class Period”).
Throughout the Class Period, however, Defendants made false and/or misleading statements and/or failed to disclose that the company maintained deficient policies and procedures with respect to its information access barriers, and that, as a result, Virtu had overstated the company’s operational and technological efficacy as well as its capacity to block the exchange of confidential information between departments or individuals within the company.
Current Status of Case:
On January 22, 2024, Lead Plaintiff filed an Amended Complaint. Defendants filed a Motion to Dismiss which was fully briefed as of July 3, 2024. This action is ongoing.
If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check, LLP: Jonathan Naji, Esq. (484) 270-1453 or via e-mail at info@ktmc.com. If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.