The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Dave Inc. (“Dave” or “the Company”) (NASDAQ: DAVE) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Dave is the subject of a DOJ and FTC civil enforcement action announced on December 30, 2024. The government alleges that the Company and its co-founder, President, Chief Executive Officer and Chairman of the Board of Directors, Jason Wilk, violated the FTC Act and the Restore Online Shoppers’ Confidence Act (ROSCA). The government’s lawsuit claims that the Company misled consumers with deceptive advertising about its cash advances and charged hidden fees, among other violations.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

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