Philadelphia, Pennsylvania--(Newsfile Corp. - August 23, 2023) - Kehoe Law Firm, P.C. is investigating potential securities claims on behalf of investors of MSP Recovery, LLC, doing business as LifeWallet (NASDAQ: LIFW), who previously owned shares of Lionheart Acquisition Corporation II.
LIFEWALLET INVESTORS WHO HELD THE STOCK OF LIONHEART ACQUISITION CORPORATION II ARE ENCOURAGED TO CLICK HERE TO CONTACT KEHOE LAW FIRM, P.C.
On August 1, 2023, MSP Recovery, d/b/a LifeWallet, reported that "[o]n August 11, 2022, the Securities and Exchange Commission (the "SEC") initiated an investigation of the Company, and requested documents relating to, among other matters, the business combination transaction with Lionheart Acquisition Corporation II consummated on May 23, 2022 and related matters."
The Company also reported that it ". . . received a subpoena dated March 1, 2023 from the SEC regarding the aforementioned subject matter, and subsequently received a subpoena on May 10, 2023 requesting documents in connection with the Company's financial statements for the periods ended June 30, 2022 and September 30, 2022 that required restatements as disclosed in the Company's Form 8-K filed with the SEC on April 14, 2023."
Additionally, the Company stated that ". . . on March 10, 2023, [it] received a subpoena from the U.S. Attorney's Office in connection with a grand jury investigation in the U.S. District Court for the Southern District of Florida requesting certain information concerning the Company."
LIFW INVESTORS WHO OWNED LIONHEART ACQUISITION CORPORATION II STOCK ARE ALSO ENCOURAGED TO CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, MYARNOFF@KEHOELAWFIRM.COM, INFO@KEHOELAWFIRM.COM, TO LEARN MORE ABOUT THE INVESTIGATION AND POTENTIAL LEGAL CLAIMS.
Kehoe Law Firm, P.C. is a multidisciplinary, plaintiff-side law firm dedicated to protecting investors from securities fraud, breaches of fiduciary duties, and corporate misconduct. Combined, the partners at Kehoe Law Firm, P.C. have served as Lead Counsel or Co-Lead Counsel in cases that have recovered more than $10 billion on behalf of institutional and individual investors.
This press release may constitute attorney advertising.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/178249
