XPEL, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm for More Information - XPEL

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of XPEL, Inc. regarding a class action lawsuit alleging that the company made materially false and misleading statements during a specified class period, which has impacted its revenue growth and market position [1]. Group 1 - The class period for the allegations is from November 8, 2023, to May 2, 2024 [1]. - Allegations include that XPEL's competitors were capturing a larger market share, leading to a reliance on existing customers for revenue growth [1]. - The company's revenue growth for 2023 and 2024 is reported to be dwindling due to these competitive pressures [1]. Group 2 - Shareholders are encouraged to register for the class action by October 7, 2024, to potentially be appointed as lead plaintiffs [2]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [2]. - Participation in the case incurs no cost or obligation for the shareholders [2]. Group 3 - The Gross Law Firm aims to protect investors' rights and seeks recovery for losses incurred due to misleading statements or omissions by companies [3]. - The firm emphasizes the importance of responsible business practices and corporate citizenship [3]. - The firm is recognized nationally for its efforts in class action lawsuits [3].