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: Lawsuit Details - The lawsuit claims that XPEL's competitors were capturing a larger share of the market, leading to a reliance on existing customers for revenue growth [2]. - It is alleged that this reliance resulted in diminished revenue growth for XPEL in 2023 and 2024 [2]. - The defendants are accused of making misleading statements regarding the company's business and prospects, lacking a reasonable basis [2]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until October 7, 2024, to request appointment as lead plaintiff [3]. - Participation in the lawsuit does not require any out-of-pocket costs for class members [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing significant compensation for shareholders and is recognized as a leading firm in securities litigation [4]. - The firm has been ranked in the Top 50 Report by ISS Securities Class Action Services for seven consecutive years [4].
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of October 7, 2024 in XPEL Lawsuit - XPEL