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CLASS ACTION ALERT: The Law Offices of Vincent Wong Remind Taskus Investors of a Lead Plaintiff Deadline of April 25, 2022

TASK

NEW YORK, March 14, 2022 /PRNewswire/ -- Attention Taskus, Inc. ("Taskus") (NASDAQ: TASK)shareholders:

The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between June 11, 2021 and January 19, 2022.

If you suffered a loss on your investment in Taskus, contact us about potential recovery by using the link below. There is no cost or obligation to you.

https://www.wongesq.com/pslra-1/taskus-inc-loss-submission-form?prid=24596&wire=4

ABOUT THE ACTION: The class action against Taskus includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (1) TaskUs was experiencing severe financial strain and business challenges, particularly with its most important customer, Facebook; (2) the Content Security market was smaller than defendants represented and defendants' representations were based on outdated market data; (3) TaskUs improperly recognized revenue from certain key contracts; (4) defendants overstated the size of TaskUs' workforce as well as employee retention rates, and understated attrition rates; and (5) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis.

DEADLINE: April 25, 2022

Aggrieved Taskus investors only have until April 25, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.

Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com

Cision View original content:https://www.prnewswire.com/news-releases/class-action-alert-the-law-offices-of-vincent-wong-remind-taskus-investors-of-a-lead-plaintiff-deadline-of-april-25-2022-301501359.html

SOURCE The Law Offices of Vincent Wong

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