Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In TaskUs To Contact Him Directly To Discuss Their Options
New York, New York--(Newsfile Corp. - January 30, 2022) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against TaskUs, Inc. ("TaskUs" or the "Company") (NASDAQ: TASK).
If you suffered losses exceeding $50,000 investing in TaskUs stock or options and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may alsoclick here for additional information: www.faruqilaw.com/TASK.
There is no cost or obligation to you.
Faruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in New York, Pennsylvania, California and Georgia.
On January 20, 2022, Spruce Point Capital Management, LLC issued a short-seller report on TaskUs. In the report, Spruce Point states, "After conducting a forensic financial and accounting review, Spruce Point believes shares of TaskUs, Inc. (Nasdaq: TASK) … has a pattern of exaggerated and inflated business claims, including revenue, and is covering-up financial strain with reduced disclosures, cherry-picked market data, and non-standard key performance metrics." The report notes the shortcomings of its CEO, CFO, and Principal Accounting Officer, and issues with its financial assumptions and presentation methods, among other things.
On this news, TaskUs's stock fell $5.46, or over 15%, to close at $30.13 per share on January 20, 2022, injuring investors.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
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