Johnson Fistel has Commenced an Investigation on Behalf of Block, Inc. Shareholders
Block, Inc. Class A, (XYZ)
Company Research
Source: GlobeNewswire
SAN DIEGO , April 17, 2025 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP, a leading stockholder rights law firm, has initiated an investigation into the board members and executive officers of Block, Inc. (NASDAQ: XYZ) for potential breaches of fiduciary duties and violations of the federal securities laws. What is Johnson Fistel Investigating? Between February 26, 2020 and April 26, 2024, certain Block insiders are alleged to have caused the company to issue potentially false and misleading public statements and omissions concealing the company’s alleged failure to monitor potentially illegal activity taking place on its platforms. However, beginning on March 23, 2023, and continuing through April 30, 2024, the truth about the transactions taking place on the company’s platforms and the company’s potential failure to monitor the nature of these transactions was disclosed to the market. Current stockholders who held their Block stock before February 26, 2020, are encouraged to contact
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News
- Holiday Shopping Just Got More Flexible: Afterpay Adds New Brands Including Jenni Kayne, Hibbett, and DieselBusiness Wire
- Block Processes 124 Million Transactions as Americans Shop Local This Black Friday, Cyber MondayBusiness Wire
- Block (NYSE:XYZ) was upgraded by analysts at Compass Point from a "strong sell" rating to a "hold" rating.MarketBeat
- Block (NYSE:XYZ) had its "buy" rating reaffirmed by analysts at Needham & Company LLC. They now have a $80.00 price target on the stock.MarketBeat
- Block (NYSE:XYZ) had its price target raised by analysts at Morgan Stanley from $71.00 to $72.00. They now have an "equal weight" rating on the stock.MarketBeat
XYZ
Earnings
- 11/6/25 - Beat
XYZ
Sec Filings
- 10/17/25 - Form D
- 10/16/25 - Form C-TR
- XYZ's page on the SEC website