dLocal wins New York appeals court dismissal of securities class action

• dLocal won unanimous New York Appellate Division ruling affirming dismissal of putative securities class action In the Matter of DLocal Securities Litigation (Index No. 151778/23).
• Decision upheld New York County trial court order dismissing complaint in its entirety.
• Court found claims against company and individual defendants lacked merit.
• Suit alleged registration statement and prospectus contained misleading statements or omissions tied to trends in take rate.
• Appellate court rejected plaintiffs’ trend allegations, citing consistent pre-IPO growth in total payment volume, revenue, and gross profit.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. dLocal Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001846832-26-000004), on April 20, 2026, and is solely responsible for the information contained therein.