Kessler Topaz Meltzer & Check, LLP - Investor Alert: Securities Fraud Lawsuit Filed Against Genesis Energy, LP - Genesis Energy, LP (NYSE:GEL)

Kessler Topaz Meltzer Check LLP, VG Investor Alert: Securities Fraud Class Action Lawsuit Has Been Filed Against Velocity Global, Inc.

PR Newswire

RADNOR, Pa., April 25, 2023 /PRNewswire/ -- Kessler Topaz Meltzer Check, LLP (www.ktmc.com), a leading national securities law firm, reminds investors that a securities fraud class action lawsuit has been filed against Velocity Global, Inc. ("Velocity Global" or the "Company") (NASDAQ: VG).

The action charges Velocity Global and certain of its officers and directors with failing to disclose that the Company's financial statements contained material misstatements and were not prepared in accordance with generally accepted accounting principles ("GAAP").

The lawsuit, which was filed in the United States District Court for the District of Colorado, alleges that during the class period, Velocity Global issued a series of false and misleading statements, including its annual report for the year ended December 31, 2022, and its quarterly reports for the periods ended March 31, 2022, June 30, 2022, and September 30, 2022.

The complaint alleges that these statements were false and misleading because they failed to disclose that the Company's financial statements contained material misstatements and were not prepared in accordance with GAAP.

The lawsuit seeks to recover damages on behalf of all Velocity Global shareholders who purchased the Company's securities during the class period. Investors who purchased Velocity Global securities during the class period and suffered a loss are encouraged to contact Kessler Topaz Meltzer Check, LLP to discuss their legal rights and options.

Additionally, investors who have suffered a loss and are interested in learning more about the lawsuit should contact Kessler Topaz Meltzer Check, LLP by visiting www.ktmc.com or calling toll-free at 1-888-395-5695.

About Kessler Topaz Meltzer Check, LLP

Kessler Topaz Meltzer Check, LLP is a leading national securities law firm with offices in Pennsylvania, California, Florida, Illinois, New York, and Washington, D.C. The firm represents investors in securities class action lawsuits and has been recognized for its expertise in this area by The Law Directory, The American Lawyer, and other organizations.

Contact: Kessler Topaz Meltzer Check, LLP Radnor, PA 1-888-395-5695 www.ktmc.com