NEW YORK, Oct. 31, 2022 /PRNewswire/ -- Attention Latch, Inc. f/k/a TS Innovation Acquisitions Corp. ("Latch") (NASDAQ: LTCH) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between May 13, 2021 and August 25, 2022.
If you suffered a loss on your investment in Latch, contact us about potential recovery by using the link below. There is no cost or obligation to you.
https://www.wongesq.com/pslra-1/latch-inc-loss-submission-form?prid=33116&wire=4
ABOUT THE ACTION: The class action against Latch includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (1) there were unreported sales arrangements related to hardware devices; (2) as a result, the Company had improperly recognized revenue throughout fiscal 2021 and first quarter 2022; (3) there were material weaknesses in Latch's internal control over financial reporting related to revenue recognition; (4) as a result of the foregoing, Latch would restate financial statements for fiscal 2021 and first quarter 2022; and (5) 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.
DEADLINE: October 31, 2022
Aggrieved Latch investors only have until October 31, 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
View original content:https://www.prnewswire.com/news-releases/class-action-alert-the-law-offices-of-vincent-wong-remind-latch-investors-of-a-lead-plaintiff-deadline-of-october-31-2022-301662791.html
SOURCE The Law Offices of Vincent Wong
