NYSE: BRBS Lawsuit Update: Investors Who Lost Money With Shares of Blue Ridge Bankshares, Inc. (NYSE: BRBS) Should Contact the Shareholders Foundation

SAN DIEGO, CA, August 21, 2024 (Newswire.com)
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The Shareholders Foundation, Inc. announces an update in the lawsuit that is pending for certain investors in Blue Ridge Bankshares, Inc. (NYSE:BRBS) shares. Investors in NYSE: BRBS shares should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.

The Shareholders Foundation, Inc. announces an update in the lawsuit that is pending for certain investors in Blue Ridge Bankshares, Inc. (NYSE:BRBS) shares.

Investors who purchased shares of Blue Ridge Bankshares, Inc. (NYSE: BRBS) and continue to hold any of those NYSE: BRBS shares have also certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.

In December 2023, an investor in NYSE: BRBS shares filed a lawsuit against Blue Ridge Bankshares, Inc. over alleged securities laws violations. The plaintiff alleged that the defendants made materially false and/or misleading statements and/or failed to disclose that Blue Ridge Bankshares, Inc.’s financial statements from March 10, 2023 to the present included certain errors, that as a result, Blue Ridge Bankshares would need to restate its previously filed financial statements from March 10, 2023 to October 31, 2023, and that as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all times.

On June 12, 2024, an amended complaint was filed.

Those who purchased shares of Blue Ridge Bankshares, Inc. (NYSE: BRBS) should contact the Shareholders Foundation, Inc.

CONTACT:

Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
mail@shareholdersfoundation.com
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.

Contact Information

Michael Daniels
Manager
mail@shareholdersfoundation.com
858-779-1554

SOURCE: Shareholders Foundation, Inc.

Source: Shareholders Foundation, Inc.

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