Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, Feb. 16, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Inspirato Incorporated (NASDAQ: ISPO) investors that a lawsuit filed on behalf of investors that purchased Inspirato (NASDAQ: ISPO) securities between May 11, 2022 and December 15, 2022, both dates inclusive (the "Class Period").
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
The lawsuit alleges that during the Class Period, the defendants made false and/or misleading statements and failed to disclose several things, including that the company's unaudited financial statements for two quarterly periods could no longer be relied upon due to incorrect application of Accounting Standards Update (ASU) No. 2016-02, resulting in an understatement of assets and liabilities. It also alleges that the company was not in compliance with the periodic filing requirements for continued listing set forth in Nasdaq Listing Rule 5250(c)(1), and as a result, defendants' statements about the company's business, operations, and prospects were materially false and misleading. The lawsuit claims that investors suffered damages when the true details entered the market.
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The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
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