Pomerantz Law Firm Retracts Statements Regarding MSP Recovery Inc. (f/k/a Lionheart Acquisition Corp. II) - LIFW

NEW YORK, Aug. 31, 2023 /PRNewswire/ -- Beginning on August 7, 2023, following disclosure on August 1, 2023 of an investigation by the U.S. Securities and Exchange Commission into MSP Recovery, Inc. f/k/a Lionheart Acquisition Corp. II ("MSP Recovery" or the "Company"), Pomerantz LLP ("Pomerantz") issued a series of press releases to the effect that Pomerantz was investigating whether the Company and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. On August 23, 2023, a putative class action was filed on behalf of investors in MSP Recovery, alleging violations of the federal securities laws related to the subject of Pomerantz's earlier press releases. Following the filing of the Class Action, Pomerantz issued additional press releases to similar effect.

On August 28, 2023, the Class Action was voluntarily dismissed. Pomerantz hereby retracts all statements made in its press releases concerning MSP Recovery and the Class Action.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered billions of dollars in damages awards on behalf of class members. See www.pomlaw.com. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Robert S. Willoughby
Pomerantz LLP
[email protected]
888-476-6529 ext. 7980

SOURCE Pomerantz LLP

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED