Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of XPEL, Inc. regarding a class action lawsuit alleging that the company made materially false and misleading statements during a specified class period, which has impacted its revenue growth and market position [1]. Group 1: Allegations and Impact - The complaint alleges that XPEL's competitors were capturing a larger segment of the market, leading to a decline in the company's revenue growth [1]. - As a result of increased competition, XPEL's revenue growth became increasingly reliant on existing customers and partners [1]. - The company's revenue growth for 2023 and 2024 is reported to be dwindling due to these factors [1]. - Defendants' positive statements regarding XPEL's business and prospects were claimed to be materially misleading and lacked a reasonable basis [1]. Group 2: Class Action Details - The class period for the lawsuit is defined as November 8, 2023, to May 2, 2024 [1]. - Shareholders are encouraged to register for the class action by October 7, 2024, to potentially be appointed as lead plaintiffs [2]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [2].

NEW YORK, Sept. 20, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in XPEL, Inc. ("XPEL" or the "Company") (NASDAQ: XPEL) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of XPEL investors who were adversely affected by alleged securities fraud between November 8, 2023 and May 2, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/xpel-inc-lawsuit-submission-form?prid=103783& ...

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against XPEL, Inc. due to allegations of misleading statements and failure to disclose critical information that may have led to significant investor losses [2][4]. Group 1: Allegations and Financial Impact - The complaint against XPEL alleges that the company and its executives violated federal securities laws by making false or misleading statements and failing to disclose that competitors were capturing a larger market share, leading to a reliance on existing customers for revenue growth [4]. - XPEL's revenue growth for 2023 and 2024 is reported to be dwindling as a result of these issues, with the company's positive statements about its business being materially misleading [4]. - On October 19, 2023, a report from Culper Research claimed that XPEL had grossly understated its reliance on Tesla, estimating that Tesla accounts for 25% to 35% of XPEL's paint protection films business, contrary to XPEL's statement of only 5% [5]. - Following the report, XPEL's stock price fell by $10.57, or over 17%, closing at $50.65 per share [5]. - On May 2, 2024, XPEL reported first-quarter financial results, with GAAP earnings per share of $0.24, missing estimates by $0.06, and revenue of $90.1 million, missing estimates by $3.99 million. The company revised its full-year revenue growth projection down to 8-10% from 15% [6]. - This announcement led to a significant drop in XPEL's stock price, which fell by $20.93, or 38.91%, closing at $32.86 per share [6]. Group 2: Legal Proceedings and Investor Actions - Investors who suffered losses exceeding $100,000 in XPEL stock or options between November 8, 2023, and May 2, 2024, are encouraged to contact Faruqi & Faruqi to discuss their legal rights [1]. - There is an October 7, 2024, deadline for investors to seek the role of lead plaintiff in the federal securities class action filed against XPEL [2]. - The lead plaintiff is defined as the investor with the largest financial interest in the relief sought by the class, who will oversee the litigation on behalf of the class members [7].

NEW YORK, Sept. 12, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of XPEL, Inc. (NASDAQ: XPEL). Shareholders who purchased shares of XPEL during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/xpel-inc-loss-submission-form/?id=101874&from=4 CLASS PERIOD: November 8, 2023 to May 2, 2 ...

NEW YORK, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in XPEL, Inc. ("XPEL" or the "Company") (NASDAQ: XPEL) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of XPEL investors who were adversely affected by alleged securities fraud between November 8, 2023 and May 2, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/xpel-inc-lawsuit-submission-form?prid=101 ...

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of XPEL, Inc. regarding a class action lawsuit due to allegations of misleading statements and failure to disclose critical information during a specified class period [1][2]. Group 1: Allegations and Impact - The complaint alleges that during the class period from November 8, 2023, to May 2, 2024, XPEL's competitors were capturing a larger share of the market, negatively impacting the company's revenue growth [2]. - As a result of increased competition, XPEL's revenue growth became increasingly reliant on existing customers and partners, leading to a decline in revenue growth for 2023 and 2024 [2]. - The defendants' positive statements regarding XPEL's business operations and prospects were found to be materially misleading and lacked a reasonable basis [2]. Group 2: Class Action Details - Shareholders who purchased XPEL shares during the class period are encouraged to register for the class action, with a deadline set for October 7, 2024 [3]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the status of the case [3]. - There is no cost or obligation for shareholders to participate in the class action [3]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit, fraud, and illegal business practices [4]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions that inflated stock prices [4].

NEW YORK, Sept. 9, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of XPEL, Inc. (NASDAQ: XPEL). Shareholders who purchased shares of XPEL during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/xpel-inc-loss-submission-form/?id=100746&from=4 CLASS PERIOD: November 8, 2023 to May 2, 20 ...

NEW YORK, Sept. 07, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of XPEL, Inc. (NASDAQ: XPEL) between November 8, 2023 and May 2, 2024, both dates inclusive (the "Class Period"), of the important October 7, 2024 lead plaintiff deadline. SO WHAT: If you purchased XPEL securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEX ...

NEW YORK, Sept. 6, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in XPEL, Inc. ("XPEL" or the "Company") (NASDAQ: XPEL) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of XPEL investors who were adversely affected by alleged securities fraud between November 8, 2023 and May 2, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/xpel-inc-lawsuit-submission-form?prid=100424&w ...

NEW YORK, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in XPEL, Inc. ("XPEL" or the "Company") (NASDAQ: XPEL) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of XPEL investors who were adversely affected by alleged securities fraud between November 8, 2023 and May 2, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/xpel-inc-lawsuit-submission-form?prid=100 ...