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SMARTRENT ALERT: Bragar Eagel & Squire, P.C. is Investigating SmartRent, Inc. on Behalf of SmartRent Stockholders and Encourages Investors to Contact the Firm
SMRTSmartRent(SMRT) GlobeNewswire News Room·2024-08-01 01:00

Core Insights - SmartRent, Inc. is under investigation for potential violations of federal securities laws and unlawful business practices [1] - The company announced a CEO transition plan, with Lucas Haldeman stepping down as CEO and resigning from the Board of Directors, effective July 29, 2024 [2] - Following the CEO transition announcement, SmartRent's stock price dropped by 0.47,or19.580.47, or 19.58%, closing at 1.93 on July 30, 2024 [2] Company Developments - The CEO transition plan was announced on July 30, 2024, indicating a significant leadership change within SmartRent [2] - The company has suspended its 2024 guidance, which may indicate uncertainty in future performance [2] Legal Investigation - Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of SmartRent stockholders regarding possible violations of securities laws [1] - The law firm is reaching out to stockholders who may have suffered losses or have information related to the investigation [3]