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ROSEN, NATIONAL INVESTOR COUNSEL, Encourages Spire Global, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – SPIR
SpireSpire(US:SR) GlobeNewswire News Room·2024-08-25 19:26

Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of Spire Global, Inc. securities, alleging misleading statements and lack of effective internal controls during the Class Period from March 6, 2024, to August 14, 2024 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Spire Global made false and/or misleading statements regarding embedded leases and revenue recognition for certain Space Services contracts [5]. - It is alleged that Spire Global overstated revenue for these contracts, leading to materially misleading statements about the company's business and prospects [5]. - Investors are encouraged to join the class action to seek compensation without upfront costs through a contingency fee arrangement [2][3]. Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. - The firm has achieved significant settlements in the past, including over $438 million for investors in 2019 and has been recognized for its performance in securities class action settlements [4]. - Investors can join the class action by submitting a form or contacting the firm directly for more information [3][6].