#United States #San Diego #Class Action #Ryvyl Inc. #Greenbox POS

Class Action Settlement Proposed for Ryvyl Inc. and Greenbox POS Investors

If you purchased publicly traded common stock of Ryvyl Inc. (NASDAQ: RVYL) or Greenbox POS (NASDAQ: GBOX) between May 13, 2021, and January 20, 2023, you may have the opportunity to participate in a proposed class action settlement. This development comes as part of the ongoing Ryvyl Securities Litigation, organized by Simpluris, Inc., the court-appointed settlement administrator.

Overview of the Class Action

The lawsuit, which is certified as a class action, has been established on behalf of all individuals and entities who were affected by the purchase of Ryvyl or Greenbox POS stock during the specified timeframe. It's crucial for those affected to understand how this may impact their legal rights and potential remedies.

A proposed settlement amounting to $300,000 in cash and 700,000 shares of Ryvyl common stock has been negotiated, pending approval from the court.

Key Details of the Settlement

A court hearing is scheduled for December 19, 2025, at 1:30 p.m. PT, taking place at the United States District Court for the Southern District of California, San Diego. During this hearing, the judge will consider whether the settlement is fair, reasonable, and adequate for the affected shareholders.

In addition to evaluating the settlement's fairness, the court will address other significant aspects, including:

• - The allocation plan detailing how the settlement funds will be distributed among class members.
• - Whether the proposed attorney's fees and litigation expenses should be approved.

Class Member Rights

As a member of the Settlement Class, your rights are important. If you want to benefit from the settlement fund, it is essential to complete and submit a Claim Form postmarked or received no later than December 27, 2025. For those who do not submit a valid Claim Form, there will be no eligibility to partake in the distribution, even though they will still be subjected to court judgments.

If you wish to exclude yourself from the settlement class, a request must be sent by November 28, 2025. Choosing exclusion means you will not be bound by the court’s orders but will also forfeit any potential benefits from the settlement.

How to Get More Information

Detailed information, including the complete notice and the Claim Form, can be found on the website RyvylSecuritiesSettlement.com. Furthermore, you may contact the Claims Administrator to obtain more information or ask questions related to the notice or the proposed settlement.

Contact information for inquiries:

• - Claims Administrator: 1-833-360-6785
• - Lead Counsel: Glancy Prongay & Murray LLP at (310) 201-9150 or email [email protected]

Conclusion

This proposed class action settlement represents a significant opportunity for investors who purchased shares during the specific timeframe to potentially recover losses. Stakeholders are encouraged to stay informed and take appropriate action before the deadlines to ensure their rights and claims are protected.