FREEDOM HOLDING (NASDAQ: FRHC) SHAREHOLDER ALERT: POTENTIAL COMPENSATION CLAIMS: Rosca Scarlato Investor Lawyers Investigating

PHILADELPHIA, Aug. 16, 2023 /PRNewswire/ -- Investor lawyers at the Rosca Scarlato law firm are investigating allegations of securities violations, corporate misconduct, and misrepresentations involving Freedom Holding and/or its directors and officers. The Rosca Scarlato attorneys are preparing to take action and seek compensation and/or other redress on behalf of any injured FRHC shareholders.

Freedom Holding investors who are concerned about the FRHC stock price performance, and would like to discuss potential claims may contact Alan Rosca at [email protected], 888-998-0530, or through the contact form on the Freedom Holding Class Action Investigation page.

In early August 2023, the company's latest annual report acknowledged the existence of material weaknesses in its internal control over financial reporting. On August 15, a research report published by an investor and short seller alleged that the company disregarded anti-money laundering and know-your-customer rules, improperly conducted business with individuals subject to international sanctions imposed in connection with the Russia-Ukraine conflict, failed to timely make relevant disclosures, engaged in market manipulation, and failed to disclose that it had been subject of an investigation by the Securities and Exchange Commission since October 2021.

Freedom Holding Shareholders May Be Able to Pursue Claims for Compensation

Investor rights attorneys Alan Rosca and Paul Scarlato at Rosca Scarlato are evaluating potential claims for compensation and/or other redress on behalf of FRHC shareholders. They have decades of combined experience representing victims of corporate or financial misconduct.

If you are a current Freedom Holding investor and would like to learn more about potential options for compensation and/or other redress, you may contact attorneys Rosca and Scarlato for a free evaluation of your potential claims.

The Rosca Scarlato attorneys take cases like this on a contingency fee basis, advance all case expenses, and only get paid for their fees and expenses if and when they are successful, following review by the Court of any fee application.

Visit https://investorlawyers.org for more information about the firm and the attorneys. You can also contact them at:

Rosca Scarlato LLC – 216-946-7070 / 888-998-0530
Alan Rosca – [email protected]
Paul Scarlato – [email protected]

• This release may be deemed to include Attorney Advertising. There has been no finding of liability as to the allegations herein.

SOURCE Rosca Scarlato LLC