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ROSEN, TRUSTED INVESTOR COUNSEL, Encourages XPEL, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – XPEL
XPELXPEL(US:XPEL) GlobeNewswire News Room·2024-08-26 23:02

Core Viewpoint - Rosen Law Firm is reminding investors who purchased XPEL, Inc. securities during the specified class period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - The class period for the XPEL securities is from November 8, 2023, to May 2, 2024, and the lead plaintiff deadline is October 7, 2024 [1]. - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [2][5]. Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company and being ranked No. 1 for securities class action settlements in 2017 [3]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [3]. - Founding partner Laurence Rosen has been recognized as a leading figure in the plaintiffs' bar, highlighting the firm's expertise [3]. Group 3: Case Allegations - The lawsuit alleges that during the class period, XPEL made false or misleading statements regarding its market position and revenue growth [4]. - It is claimed that XPEL's revenue growth became increasingly dependent on existing customers and partners, leading to dwindling growth for 2023 and 2024 [4]. - The lawsuit asserts that the defendants' positive statements about XPEL's business were materially misleading and lacked a reasonable basis [4].