Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of XPEL Technologies Corp. regarding a class action lawsuit due to allegations of misleading statements and failure to disclose critical information affecting the company's market position and revenue growth [1]. Group 1: Allegations and Impact - The complaint alleges that during the class period from November 28, 2023, to May 2, 2024, XPEL's competitors were capturing a larger share of the market [1]. - As a result of increased competition, XPEL's revenue growth became increasingly reliant on existing customers and partners [1]. - Consequently, the company's revenue growth for 2023 and 2024 is expected to decline [1]. - The defendants' positive statements regarding XPEL's business and prospects were deemed materially misleading and lacked a reasonable basis [1]. Group 2: Class Action Details - Shareholders who purchased shares of XPEL during the specified class period are encouraged to contact the Gross Law Firm for potential lead plaintiff appointment [1]. - The deadline for shareholders to register for the class action is October 7, 2024, and there is no cost or obligation to participate [2]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the lifecycle of the case [2]. Group 3: Firm's Mission - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors affected by deceit and illegal business practices [3]. - 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 [3].

NEW YORK, Aug. 21, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of XPEL Technologies Corp. (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-technologies-corp-loss-submission-form/?id=96743&from=3 CLASS PERIOD: ...

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: Legal Investigation and Claims - Faruqi & Faruqi is encouraging investors who suffered losses exceeding $100,000 in XPEL stock or options between November 8, 2023, and May 2, 2024, to discuss their legal rights [1]. - The firm reminds investors of the October 7, 2024, deadline to seek the role of lead plaintiff in a federal securities class action against XPEL [2]. - The complaint alleges that XPEL and its executives violated federal securities laws by making false statements and failing to disclose that competitors were capturing a larger market share, leading to dwindling revenue growth [4]. Group 2: Financial Performance and Market Impact - On May 2, 2024, XPEL reported GAAP earnings per share of $0.24, missing consensus estimates by $0.06, and revenue of $90.1 million, missing estimates by $3.99 million [6]. - XPEL revised its full-year 2024 revenue growth projection downward to 8-10% from 15%, which contributed to a significant drop in stock price [6]. - Following a report from Culper Research alleging that XPEL understated its reliance on Tesla, XPEL's stock price fell by $10.57 per share, or over 17%, closing at $50.65 on October 19, 2023 [5]. Group 3: Company Background and Whistleblower Information - Faruqi & Faruqi, LLP has recovered hundreds of millions of dollars for investors since its founding in 1995 and has offices in multiple states [3]. - The firm encourages anyone with information regarding XPEL's conduct, including whistleblowers and former employees, to contact them [8].

NEW YORK, Aug. 19, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of XPEL Technologies Corp. (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-technologies-corp-loss-submission-form/?id=96032&from=4 CLASS PERIOD: Nov ...

SAN DIEGO, Aug. 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, em ...

NEW YORK, Aug. 15, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of XPEL Technologies Corp. (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-technologies-corp-loss-submission-form/?id=95568&from=4 CLASS PERIOD: Nov ...

NEW YORK, Aug. 14, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of all purchasers of securities of XPEL, Inc. (NASDAQ: XPEL) between November 8, 2023 and May 2, 2024, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 7, 2024. SO WHAT: If you purchased XPEL securities during the Class Period y ...

NEW YORK, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in XPEL Technologies Corp. ("XPEL Technologies Corp." or the "Company") (NASDAQ: XPEL) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of XPEL Technologies Corp. investors who were adversely affected by alleged securities fraud between November 28, 2023 and May 2, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.co ...

LOS ANGELES, Aug. 14, 2024 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, 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. Investors who purchased the Company's securities between November 8, 2023 and May 2, 2024, inclusive (the "Class Period"), are encou ...

XPEL, Inc. (XPEL) closed the last trading session at $45.07, gaining 16% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $61 indicates a 35.4% upside potential. The average comprises three short-term price targets ranging from a low of $40 to a high of $85, with a standard deviation of $22.65. While the lowest estimate indicates a decline of 11.3% from the current price level, the ...