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& ...

NEW YORK, Sept. 19, 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=103 ...

NEW YORK, Sept. 19, 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=103497&from=4 CLASS PERIOD: November 8, 2023 to May 2, 2 ...

SAN DIEGO, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired XPEL Inc. (NASDAQ: XPEL) securities between November 8, 2023 and May 2, 2024. XPEL supplies automotive paint protection film, automotive window film, ceramic coatings, architectural window film products, and related tools and equipment to support the installation of these products. For more information, submit a form, e ...

NEW YORK, Sept. 18, 2024 (GLOBE NEWSWIRE) -- 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=103179&from=3 CLASS PERIOD: November 8, 2023 to May ...

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. 16, 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 ...

Core Viewpoint - A class action securities lawsuit has been filed against XPEL, Inc. alleging securities fraud that negatively impacted investors between November 8, 2023, and May 2, 2024 [1][2]. Group 1: Allegations and Impact - The lawsuit claims that XPEL's competitors have been capturing a larger share of the market, which has led to a reliance on existing customers for revenue growth [2]. - As a result of the competitive pressures, XPEL's revenue growth for 2023 and 2024 has significantly declined [2]. - The defendants are accused of making misleading statements regarding the Company's business operations and future prospects, which lacked a reasonable basis [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until October 7, 2024, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3]. - Class members may be eligible for compensation without incurring any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4].

NEW YORK, Sept. 16, 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=102407&from=4 CLASS PERIOD: November 8, 2023 to May 2, 2 ...

Core Viewpoint - A class action lawsuit has been filed against XPEL, Inc. for alleged violations of federal securities laws during the class period from November 8, 2023, to May 2, 2024, involving misleading statements about the company's revenue growth and market share [1][5]. Company Overview - XPEL, Inc. is a global manufacturer and supplier of protective films and coatings, including automotive paint protection film, automotive window film, ceramic coatings, and architectural window film products [4]. Allegations - The lawsuit claims that XPEL's executives made materially false or misleading statements regarding the company's revenue growth and business prospects, particularly suggesting that targeting non-enthusiast car customers would significantly boost revenue [5]. - It is alleged that the company failed to disclose that competitors were capturing a larger share of the market, which contributed to the misleading nature of their statements [5]. Financial Impact - On May 2, 2024, XPEL reported only a 5% year-over-year revenue growth for Q1 2024, which contradicted previous expectations [6]. - Following this announcement, XPEL's stock price fell by $20.93, approximately 39%, closing at $32.86 per share [6].