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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of PowerSchool Holdings, Inc. - PWSC
PowerSchoolPowerSchool(US:PWSC) prnewswire.comยท2024-05-17 01:10

Group 1 - Pomerantz LLP is investigating claims on behalf of investors of PowerSchool Holdings, Inc. regarding potential securities fraud or unlawful business practices [1] - Spruce Point Capital Management released a report on April 17, 2024, raising concerns about PowerSchool's aggressive accounting practices, unsustainable growth expectations, and potential violations of child privacy laws [2] - Following the release of the Spruce Point report, PowerSchool's stock price fell by $1.94 per share, or 9.83%, closing at $17.79 per share on the same day [2] Group 2 - PowerSchool is identified as one of the largest K-12 software providers in North America [2] - Pomerantz LLP has a long history in corporate, securities, and antitrust class litigation, having recovered billions of dollars in damages for class members [3]