On or about April 30, 2018, the company filed with the Securities and Exchange Commission (“SEC”) its initial Registration Statement on Form S-1, which, after several amendments which were in response to comments from the SEC, would later be utilized for the IPO. On or about November 12, 2019, the SEC declared the Registration Statement effective and on or about November 14, 2019, YayYo and the Underwriter Defendants priced the IPO and filed the final Prospectus for the IPO with the SEC which forms part of the Registration Statement. The complaint alleges that the Registration Statement contained untrue statements of material fact that concerned: (i) the ongoing involvement of Ramy El-Batrawi (“El-Batrawi”) in the affairs of the company; (ii) prior to the IPO, the purported sale of El-Batrawi’s equity ownership in YayYo; (iii) the “Use of Proceed” from the IPO; (iv) prior to the IPO, YayYo’s relationship with Social Reality and it’s services given to YayYo. the price of the company’s common stock has plummeted and the stock now trades at less than $0.30 per share as of the filing of the complaint.  

YayYo, 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.

Are you a current or former employee of the company?*YesNo


+Additional Purchases


+Additional Sales

If you prefer, you may submit your transaction information or comments/questions in the box below:

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.

Portnoy Law Firm
Lesley F. Portnoy, Esq.,
Office: 310.692.8883
8240 Beverly Blvd., Suite 9
Los Angeles, CA 90048