LOS ANGELES, Aug. 16, 2024 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against XPEL, Inc. ("XPEL" or "the Company") (NASDAQ:XPEL) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Shareholders who purchased shares of XPEL during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.
CASE DETAILS: The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. XPEL released its financial results for the first quarter on May 2, 2024. The Company missed analyst targets on revenue and reported net income significantly below the estimated range. Based on this news, shares of XPEL fell by more than 35% in intraday trading on the same day.
If you are a shareholder who suffered a loss, contact us to participate.
WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.
Join the case to recover your losses.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: David@djslawllp.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/xpel-inc-sued-for-securities-law-violations---contact-the-djs-law-group-to-discuss-your-rights---xpel-302224169.html
SOURCE DJS Law Group LLP
