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Stock impact report

Holzer & Holzer, LLC Reminds Shareholders of April 12, 2024 Lead Plaintiff Deadline in LuxUrban Hotels Inc. (LUXH) Class Action – Nationally Ranked Investors’ Rights Firm Encourages Invest...

LuxUrban Hotels Inc. (LUXH) 
Company Research Source: GlobeNewswire
ATLANTA, April 09, 2024 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against LuxUrban Hotels Inc. (“LuxUrban” or the “Company”) (NASDAQ: LUXH). The lawsuit alleges Defendants made materially false and misleading statements and/or failed to disclose material adverse information regarding its business, operations, and prospects, including allegations that: (1) the Company had not signed a lease with the Royalton Hotel; (2) as a result, LuxUrban’s total reported units was overstated; (3) LuxUrban faced multiple lawsuits for unpaid rent; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. If you bought LuxUrban shares between November 8, 2023 and February 2, 2024, and suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey Holzer, Esq. at cholzer@holzerlaw.com, by toll- Show less Read more
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