Investigation on Behalf of Block, Inc. Shareholders Commences

NEW YORK, May 12, 2024 – Pomerantz LLP, a renowned law firm, has initiated an investigation into potential claims on behalf of the investors of Block, Inc. SQ, formerly known as Square, Inc. This inquiry concerns shareholders who may be affected by possible corporate actions resulting in financial losses.

Investigation Scope and Reasons

Block, Inc., a financial technology giant headquartered in San Francisco, California, provides a comprehensive suite of payment and point-of-sale solutions to merchants, including credit card processing, analytics, and next-day settlement services. The company, recognized for its endeavors in facilitating seamless transactions for businesses, now faces scrutiny from Pomerantz LLP amid concerns that may impact investor interests.

The precise details of the allegations have not been disclosed as the investigation is currently under way. Investors who have acquired shares of Block, Inc. and have concerns regarding their investments are encouraged to come forward. The law firm is inviting those who might be affected to get in touch for more information regarding their rights and potential remedies.

Contact Information for Affected Shareholders

Shareholders of SQ possessing concerns about their investment are advised to contact Danielle Peyton of Pomerantz LLP through email at [email protected] or by phone at 646-581-9980, extension 7980. The firm's engagement in this matter reflects its commitment to advocate for investor rights and to ensure transparent and fair corporate practices on behalf of shareholders.

investigation, shareholders, law