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XPEL, Inc. (XPEL) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings
XPELXPEL(US:XPEL) GlobeNewswire News Roomยท2024-08-09 20:00

Core Viewpoint - XPEL, Inc. is under investigation for potential claims following a significant drop in its stock price after missing revenue and net income targets in its Q1 2024 financial results [2]. Investigation Details - On May 2, 2024, XPEL reported financial results for the first quarter, which included revenue that fell short of analyst expectations and a net income that was significantly below the estimated range [2]. - The announcement led to a more than 35% decline in XPEL's shares during intraday trading on the same day [2]. Next Steps - Individuals with information related to the investigation or who purchased XPEL securities are encouraged to assist by visiting the firm's website [3]. - Contact information for representatives from Bronstein, Gewirtz & Grossman, LLC is provided for those who wish to contribute to the investigation [3]. Legal Representation - Bronstein, Gewirtz & Grossman, LLC operates on a contingency fee basis, meaning they will only seek reimbursement for expenses and attorney fees if successful in recovering funds for investors [4]. Firm Background - Bronstein, Gewirtz & Grossman, LLC is a nationally recognized law firm specializing in representing investors in securities fraud class actions and shareholder derivative suits, having recovered hundreds of millions of dollars for investors across the nation [5].