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Stock impact report

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Presto Automation Inc. and Encourages Investors with Losses to Contact the Firm

Presto Automation, Inc. (PRST) 
Company Research Source: Accesswire
LOS ANGELES, CA / ACCESSWIRE / May 26, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Presto Automation Inc. ("Presto" or "the Company") (NASDAQ:PRST) 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. Presto is the subject of a report issued by White Diamond Research on April 24, 2023, titled: "BREAKING NEWS - PRESTO AUTOMATION REMOVED THE MCDONALD'S LOGO FROM THE CUSTOMER SECTION OF ITS WEBSITE OVER THE WEEKEND!" According to the report, rumors swirled of the Company doing business with McDonalds, fueled by the fast food giant's logo being on its website. However, this logo was removed sometime after Friday, April 21. The report claims, "We believe the logo got removed because the reality is McDonald's isn't a customer of PRST in any way, and now tha Show less Read more
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