Lost Money on XPEL, Inc.(XPEL)? Join Class Action Suit Seeking Recovery

Core Viewpoint - A class action securities lawsuit has been filed against XPEL, Inc. alleging securities fraud that negatively impacted investors between November 8, 2023, and May 2, 2024 [1][2]. Group 1: Allegations and Impact - The lawsuit claims that XPEL's competitors have been capturing a larger share of the market, which has led to a reliance on existing customers for revenue growth [2]. - As a result of the competitive pressures, XPEL's revenue growth for 2023 and 2024 has significantly declined [2]. - The defendants are accused of making misleading statements regarding the Company's business operations and future prospects, which lacked a reasonable basis [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until October 7, 2024, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3]. - Class members may be eligible for compensation without incurring any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4].