Court Provisionally Approves Settlement of RYVYL Derivative Litigation
RYVYL (NASDAQ: RVYL) announced a court Order related to a proposed settlement of shareholder derivative lawsuits. On Nov 14, 2025, District Judge Gonzalo P. Curiel provisionally approved the derivative settlement, conditionally approved the proposed form and manner of notice, and set a date for the final settlement hearing in the action filed June 22, 2023 (Case No. 3:23-CV-01165-GPC-SBC).
The settlement also resolves related derivative litigation pending in Clark County, Nevada. The Notice of Proposed Settlement and the Stipulation and Agreement of Settlement were filed as exhibits to the company’s Form 8-K dated Nov 21, 2025 and are available on the company website under Reports & Filings.
RYVYL (NASDAQ: RVYL) ha annunciato un'ordinanza del tribunale relativa a un'ipotesi di concordato di cause azionarie derivative. Il 14 novembre 2025, il giudice distrettuale Gonzalo P. Curiel ha approvato provvisoriamente il concordato derivativo, ha approvato condizionatamente la forma e le modalità di avviso proposte, e ha fissato una data per l'udienza finale sul concordato nell'azione avviata il 22 giugno 2023 (Caso n. 3:23-CV-01165-GPC-SBC).
Il concordato risolve anche una controversia derivativa pendente nel Clark County, Nevada. L'Avviso di Concordato Proposto e l'Accordo e Stipulazione di Concordato sono stati presentati come allegati al Form 8-K datato 21 novembre 2025 e sono disponibili sul sito dell'azienda nella sezione Rapporti e Depositi.
RYVYL (NASDAQ: RVYL) anunció una orden judicial relacionada con una propuesta de acuerdo de demandas derivadas de accionistas. El 14 de noviembre de 2025, el juez de distrito Gonzalo P. Curiel aprobó provisionalmente el acuerdo derivado, aprobó condicionalmente la forma y el modo de notificación propuestos, y fijó una fecha para la audiencia final de liquidación en la acción presentada el 22 de junio de 2023 (Caso No. 3:23-CV-01165-GPC-SBC).
El acuerdo también resuelve litigios derivados relacionados pendientes en el condado de Clark, Nevada. El Aviso de Acuerdo Propuesto y el Acuerdo y Convenio de Liquidación se presentaron como anexos al Form 8-K con fecha del 21 de noviembre de 2025 y están disponibles en el sitio web de la empresa en Informes y Presentaciones.
RYVYL (NASDAQ: RVYL) 주주 지분 파생 소송의 제안 합의와 관련된 법원 명령을 발표했습니다. 2025년 11월 14일, 법원 판사 Gonzalo P. Curiel은 파생 소송 합의를 임시로 승인했고 제안된 형태와 공고 방식의 조건부 승인을 했으며 2023년 6월 22일에 제기된 소송의 최종 합의 청문회 날짜를 정했습니다(케이스 번호 3:23-CV-01165-GPC-SBC).
이 합의는 네바다주 클락 카운티의 관련 파생 소송도 해결합니다. 제안 합의 통지 및 합의 서류(Stipulation and Agreement of Settlement)는 회사의 2025년 11월 21일자 Form 8-K에 첨부된 전시물로 제출되었으며, 회사 웹사이트의 보고 및 제출 섹션에서 확인할 수 있습니다.
RYVYL (NASDAQ: RVYL) a annoncé une ordonnance du tribunal relative à une proposition de règlement des actions dérivées des actionnaires. Le 14 novembre 2025, le juge de district Gonzalo P. Curiel a approuvé provisoirement le règlement dérivé, a approuvé conditionnellement la forme et les modalités d'avis proposées, et a fixé une date pour l'audience finale sur le règlement dans l'action déposée le 22 juin 2023 (Affaire n° 3:23-CV-01165-GPC-SBC).
Le règlement résout également les litiges dérivés connexes en instance dans le comté de Clark, Nevada. L'avis de règlement proposé et le Stipulation and Agreement of Settlement ont été déposés en tant que pièces jointes au Form 8-K daté du 21 novembre 2025 et sont disponibles sur le site Internet de l'entreprise sous Rapports et Dépôts.
RYVYL (NASDAQ: RVYL) kündigte eine gerichtliche Anordnung im Zusammenhang mit einem vorgeschlagenen Vergleich von Aktionärsdarlegungsklagen an. Am 14. November 2025 hat District Judge Gonzalo P. Curiel den Derivativ-Vergleich vorläufig genehmigt, die vorgeschlagene Form und Art der Bekanntmachung bedingt genehmigt und einen Termin für die abschließende Anhörung zum Vergleich in der am 22. Juni 2023 eingereichten Klage festgelegt (Fall Nr. 3:23-CV-01165-GPC-SBC).
Der Vergleich löst auch damit verbundene derivative Rechtsstreitigkeiten, die im Clark County, Nevada, ausstehen. Die Mitteilung über den vorgeschlagenen Vergleich und die Vereinbarung zum Vergleich wurden als Beilagen zu dem Form 8-K vom 21. November 2025 eingereicht und sind auf der Website des Unternehmens unter Berichte & Einreichungen verfügbar.
RYVYL (NASDAQ: RVYL) أعلن عن أمر قضائي متعلق باقتراح تسوية دعاوى مدنية وراثية للمساهمين. في 14 نوفمبر 2025، وافق القاضي الفيدرالي غونزالو ب. كوريل مؤقتاً على التسوية المشتقة، ووافق مشروطاً على الشكل وطريقة الإخطار المقترحين، وحدد تاريخاً لجلسة التسوية النهائية في الدعوى المرفوعة في 22 يونيو 2023 (القضية رقم 3:23-CV-01165-GPC-SBC).
تسوية النقاش أيضاً يحل الدعاوى الوراثية ذات الصلة المعلقة في مقاطعة كلارك، نيفادا. تم تقديم إخطار التسوية المقترحة واتفاق التسوية كملحقين إلى Form 8-K بتاريخ 21 نوفمبر 2025 وهي متاحة على موقع الشركة الإلكتروني ضمن التقارير والتقديمات.
- District Court granted provisional approval on Nov 14, 2025
- Settlement resolution extends to related Nevada derivative litigation
- Final settlement hearing date remains pending per court order
- Approval is provisional; settlement is not yet final
SAN DIEGO, CA, Nov. 21, 2025 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL” or the "Company") today provided the following notice of an Order from District Judge Gonzalo P. Curiel in the Southern District of California related to the proposed settlement of derivative lawsuits and the stipulation and agreement of settlement, which settlement also resolves the related derivative litigation pending in the Eighth Judicial District Court in Clark County, Nevada:
On November 14, 2025, District Judge Gonzalo P. Curiel in the United States District Court for the Southern District of California issued an Order (1) Granting Provisional Approval of Derivative Settlement; (2) Conditionally Approving the Proposed Form and Manner of Notice; and (3) Setting Date for Final Settlement Hearing in connection with the shareholder derivative action “Christy Hertel, derivatively on behalf of RYVYL Inc., f/k/a GreenBox POS v. Ben Errez et. al., Case No. 3:23-CV-01165-GPC-SBC,” which was filed on June 22, 2023 against certain of the Company’s current and/or former officers and directors.
The Notice of Proposed Settlement of Derivative Lawsuits and the Stipulation and Agreement of Settlement have been filed with the U.S. Securities and Exchange Commission as exhibits to the Company’s Form 8-K dated November 21, 2025. These documents may also be found on the Company’s website at https://investors.ryvyl.com/ under Reports & Filings.
About RYVYL
RYVYL Inc. (NASDAQ: RVYL) operates a digital payment processing business enabling transactions around the globe and provides payment solutions for underserved markets. RYVYL has developed applications enabling an end-to-end suite of turnkey financial products, with enhanced security and data privacy, world-class identity theft protection, and rapid speed to settlement. www.ryvyl.com
RYVYL IR Contact:
Richard Land, Alliance Advisors Investor Relations
973-873-7686 ryvylinvestor@allianceadvisors.com
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