Law Offices of Howard G. Smith announces an investigation on behalf of PowerSchool Holdings, Inc. (“PowerSchool” or the “Company”) (NYSE: PWSC) investors concerning the Company’s possible violations of federal securities laws.
On April 17, 2024, Spruce Point Capital Management published a report alleging, among other things, that PowerSchool is “experiencing ongoing headwinds due to issues with student privacy laws, financial strain from aggressive accounting tactics and depletion of federal funding.”
On this news, PowerSchool’s stock price fell $1.94, or 9.8%, to close at $17.79 per share on April 17, 2024, thereby injuring investors.
If you purchased PowerSchool securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847 or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
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