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Lifshitz Law PLLC Announces Investigations of Ventyx Biosciences, Inc. (NASDAQ: VTYX), TaskUs, Inc. (NASDAQ: TASK), Inspire Medical Systems, Inc. (NYSE: INSP), and Xponential Fitness, Inc. (NYSE: XPOF)

INSP, TASK, XPOF, VTYX

NEW YORK, NY / ACCESSWIRE / June 13, 2024 /

Ventyx Biosciences, Inc. (NASDAQ:VTYX)

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) VTX958 was less effective in treating psoriasis than the Company had led investors to believe; (ii) as a result, VTX958's clinical and/or commercial prospects were overstated; (iii) accordingly, the Company had misrepresented its ability to develop and commercialize effective product candidates; (iv) Ventyx's post-IPO business prospects were thus inflated; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.

If you are a VTYX investor and owned the shares during the period of alleged wrongs, 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.

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the Content Security market was smaller than the Company represented and the Company's representations were based on outdated market data; (iii) TaskUs improperly recognized revenue from certain key contracts; (iv) the Company overstated the size of TaskUs' workforce as well as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.

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.

Xponential Fitness, Inc. (NYSE:XPOF)

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 the full truth about Xponential's business prospects, by concealing that over 50% of its studios did not earn a positive financial return, nearly all of its brands were losing money monthly, it had permanently closed down at least thirty locations, many of its franchises were listed for sale at a fraction of their original purchase prices, and misstating key company performance metrics.

If you are a XPOF 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: info@lifshitzlaw.com

SOURCE: Lifshitz Law Firm, P.C.



View the original press release on accesswire.com



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