Ademi LLP Investigates Claims of Securities Fraud of Triterras, Inc.

MILWAUKEE, Dec. 17, 2020 /PRNewswire/ -- Ademi LLP is investigating possible securities fraud claims against Triterras (NASDAQ: TRIT) resulting from inaccurate statements Triterras made regarding its financial statements and prospects.

Click here to learn more about the investigation: http://ademilaw.com/case/triterras-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.

The investigation focuses on whether Triterras properly disclosed the extent and characteristics of its relationship with Rhodium Resources Pte. Ltd and the extent to which Triterras was vulnerable to potential conflicts and adverse business consequences from Srinivas Koneru's control of both Triterras and Rhodium.  Srinivas Koneru is Triterras' founder, Executive Chairman and Chief Executive Office. According to its December 17, 2020 filing with the SEC, "Rhodium was instrumental to the initial launch of the Company's Kratos platform and the platform's attractiveness to the commodities trading and trade financings communities" and "substantially all of the users of the Kratos platform during the year ended February 29, 2020 were referred to the platform by Rhodium and its subsidiaries who accounted for 26.5% of the Company's revenues."

On December 17, 2020, Rhodium informed Triterras that Rhodium was seeking a moratorium order to shield Rhodium from creditor actions while Rhodium prepared a restructuring of its debts and continue its business as a going concern.

If you wish to obtain additional information or have information about this investigation of Splunk, please contact Guri Ademi either at [email protected] or toll-free: 866-264-3995, http://ademilaw.com/case/triterras-inc.

We specialize in securities fraud and shareholder litigation.  For more information, please feel free to call us.  Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:
Ademi LLP
Guri Ademi
3620 East Layton Ave.
Cudahy, WI 53110
Toll Free: (866) 264-3995
Fax: (414) 482-8001
www.ademilaw.com 

SOURCE Ademi LLP