Tuesday, 14 January 2025 10:00 AM
Class Action
NEW YORK CITY, NY / ACCESSWIRE / January 14, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Dave Inc. ("Dave" or "the Company") (NASDAQ:DAVE). Investors who purchased Dave securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/DAVE.
Investigation Details
On November 12, 2024, the Justice Department and the Federal Trade Commission (FTC) filed a civil lawsuit against Dave Inc. and its CEO, Jason Wilk, alleging violations of the FTC Act and the Restore Online Shoppers' Confidence Act (ROSCA). The suit claims Dave deceptively advertised cash advances, imposed undisclosed fees, misrepresented the use of customer tips, and charged recurring monthly fees without an easy cancellation process. Following this announcement, Dave's stock price fell by over 10% on December 31, 2024.
What's Next?
If you are aware of any facts relating to this investigation or purchased Dave securities, you can assist this investigation by visiting the firm's site: bgandg.com/DAVE. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660
There is No Cost to You
We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
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Contact
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | [email protected]
SOURCE: Bronstein, Gewirtz & Grossman, LLC