Peak Fintech Group, Inc.
Investors that purchased the Company’s securities and have suffered a loss, please fill in transaction information below, or email to info@portnoylaw.com.
There is no cost or obligation associated with submitting your information. If you are a shareholder who suffered a loss, please submit your contact information and purchase information to participate in the putative class action.
We also encourage you to contact Lesley F. Portnoy of The Portnoy Law Firm, at 310.692.8883, to discuss your rights free of charge. You can also reach us through the firm’s website at www.portnoylaw.com, or by email at info@portnoylaw.com.
If you choose to take no action, you can remain an absent class member.
Joining the case through the Portnoy Law website enables investors to learn about their legal claims and take an active role in recovering their losses.
The Portnoy Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
CONTACT:
Portnoy Law Firm
Lesley F. Portnoy, Esq.,
www.portnoylaw.com
Office: 310.692.8883
1800 Century Park East, Suite 600
Los Angeles, CA 90067
info@portnoylaw.com
The investigation focuses on whether peak issued misleading and/or false statements and/or failed to disclose information pertinent to investors. Peak is the subject of a report which was published by Grizzly Research on October 4, 2021. According to this report, Peak’s acquisition of the Chinese firm Heartbeat was extremely suspicious, especially in regard to the fact that the organization paid by Peak in this transaction was not the registered owner of Heartbeat. It is alleged in this report that the actual owner of Heartbeat reported zero revenues in 2019 and 2020. It is alleged in this report that Peak’s claims about Heartbeat’s financial performance could not be substantiated by factual analysis. Additionally, it is alleged in this report that, in recent fiscal years, Peak inflated its revenue by up to 112%. Shares of Peak fell sharply following the publication of the report.
