Lawsuit for Investors in in Zoompass Holdings, Inc. (OTC PINK: ZPAS) Announced by Shareholders Foundation

SAN DIEGO, CA / ACCESSWIRE / June 13, 2017 / The Shareholders Foundation, Inc. announces that a lawsuit was filed for investors who purchased OTC PINK: ZPAS shares against Zoompass Holdings, Inc. over alleged Securities Laws Violations.

The plaintiff seeks to recover losses for certain investors who purchased Zoompass Holdings shares.

Investors who purchased shares of Zoompass Holdings, Inc. (OTC PINK: ZPAS) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.

On May 9, 2017, Zoompass Holdings, Inc. disclosed that it had been “made aware of and requested by the OTC Markets Group, Inc. to comment on recent trading and potential promotional activity.”

On May 25, 2017, a report was published that alleged among other things that Zoompass Holdings, Inc. had falsely denied that it was associated with a scheme to promote Zoompass’ stock, and that concealed that its Chief Executive Officer had been engaged in a purported pump-and-dump scheme.

On May 30, 2017, a lawsuit was filed against Zoompass Holdings, Inc. over alleged securities laws violations. The plaintiff claims that the defendants made false and/or misleading statements and/or failed to disclose that Zoompass unlawfully engaged in a scheme to promote the Company’s stock, that discovery of the foregoing conduct would subject the Company to heightened regulatory scrutiny and potential criminal sanctions, and that that as a result of the foregoing, Zoompass’ public statements were materially false and misleading at all relevant times.

Those who purchased Zoompass Holdings, Inc. (OTC PINK: ZPAS) shares should contact the Shareholders Foundation, Inc.

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

CONTACT:

Shareholders Foundation, Inc.

Michael Daniels

+1 (858) 779-1554

mail@shareholdersfoundation.com

3111 Camino Del Rio North

Suite 423

San Diego, CA 92108

SOURCE: Shareholders Foundation, Inc.

ReleaseID: 465621