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Day: February 21, 2025

dLocal Refutes Short-Seller Allegations and Reconfirms Independent Investigations were Carried Out.

Written by Customer Service on . Posted in Public Companies.

MONTEVIDEO, Uruguay, Feb. 20, 2025 (GLOBE NEWSWIRE) — dLocal Limited (Nasdaq: DLO), a leading technology-first payments platform enabling global enterprise merchants to connect with billions of consumers in emerging markets deems the allegations made in a recent short-seller report to be inaccurate and misleading, and made by interested parties who profit from the Company’s stock price falling. Any suggestion that the Company failed to properly investigate identical or similar allegations in the past is inaccurate. As the Company has stated publicly, it took prompt action to investigate the allegations raised by a prior short seller report. As previously disclosed, the Company’s Audit Committee, consisting solely of independent directors, oversaw an independent review of the allegations with the assistance of independent counsel...

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