SHAREHOLDER ALERT: Holzer & Holzer Announces a Class Action Was Filed on Behalf of Latch (LTCH) Investors and Encourages Investors With Significant Losses to Contact the Firm

Atlanta, Georgia--(Newsfile Corp. - September 19, 2022) - Holzer & Holzer, LLC informs investors that a class action lawsuit was filed against Latch, Inc. ("Latch" or the "Company") (NASDAQ: LTCH) f/k/a TS Innovation Acquisitions Corp. The lawsuit alleges Latch made materially false and misleading statements and/or failed to disclose material adverse facts about its business, operations and prospects, including: (1) there were unreported sales arrangements; (2) as a result, the Company had improperly recognized revenue throughout fiscal 2021 and first quarter 2022; (3) there were material weaknesses in Latch's internal control over financial reporting related to revenue recognition; (4) as a result, Latch would restate financial statements for fiscal 2021 and first quarter 2022.

If you bought shares of Latch between May 13, 2021 and August 25, 2022, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey Holzer, Esq. at cholzer@holzerlaw.com or Joshua Karr, Esq. at jkarr@holzerlaw.com, by toll-free telephone at (888) 508-6832 or you may visit the firm's website at https://holzerlaw.com/ to learn more.

The deadline to ask the court to be appointed lead plaintiff in the case is October 31, 2022.

Holzer & Holzer, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey D. Holzer is the attorney responsible for its content.

CONTACT:

Corey Holzer, Esq.
(888) 508-6832 (toll-free)
cholzer@holzerlaw.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/137450