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Lifshitz Law PLLC Announces Investigations of TaskUs, Inc. (NASDAQ: TASK), Meta Platforms, Inc. (NASDAQ: META), Inspire Medical Systems, Inc. (NYSE: INSP), and Driven Brands Holdings Inc. (NASDAQ: DRVN)

META, INSP, TASK, DRVN

NEW YORK, NY / ACCESSWIRE / April 11, 2024 /

TaskUs, Inc. (NASDAQ:TASK)

Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company made false and/or misleading statements and/or failed to disclose that: (i) TaskUs was experiencing severe financial strain and business challenges; (ii) the Content Security market was smaller than the Company represented and the Company's representations were based on outdated market data; (iii) TaskUs improperly recognized revenue from certain key contracts; (iv) the Company overstated the size of TaskUs' workforce as well as employee retention rates, and understated attrition rates; and (v) that, as a result of the foregoing, the Company's positive statements about its business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis.

If you are a TASK investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com.

Meta Platforms, Inc. (NASDAQ:META)

Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) Apple's iOS privacy changes were having a material impact on Meta's ability to provide the kind of targeted advertising that its customers wanted and, as a result, customer ad spending was dropping precipitously; (ii) Meta's mitigation efforts were either not properly implemented or ineffective; (iii) measurement of ads was not accurate as mitigation efforts were failing; and (iv) Meta did not have a plan in place to properly address the impact of the iOS privacy changes.

If you are a META investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com.

Inspire Medical Systems, Inc. (NYSE:INSP)

Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) Inspire Medical was already tracking problems with the Acceleration Program, including a decrease in the number of prior authorization submissions for Inspire therapy; and (ii) as a result, the Company's statements during the Relevant Period about the Acceleration Program, and the Company's associated financial guidance, business, operations, and prospects, were materially false and/or misleading.

If you are an INSP investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com.

Driven Brands Holdings Inc. (NASDAQ:DRVN)

Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company made misrepresentations and omissions related to: (i) statements concerning Driven's ability to efficiently and effectively integrate a high volume of acquired businesses, including statements related to the status of integrating its U.S. auto glass businesses; and (ii) statements concerning the performance and competitive position of Driven's car wash business segment.

If you are a DRVN investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com.

ATTORNEY ADVERTISING.© 2024 Lifshitz Law PLLC. The law firm responsible for this advertisement is Lifshitz Law PLLC, 1190 Broadway, Hewlett, New York 11557, Tel: (516)493-9780. Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact:

Joshua M. Lifshitz, Esq.
Lifshitz Law PLLC
Phone: 516-493-9780
Facsimile: 516-280-7376
Email: jlifshitz@lifshitzlaw.com

SOURCE: Lifshitz Law Firm, P.C.



View the original press release on accesswire.com