Kaskela Law LLC Announces Investigation of Latch, Inc. (LTCH) and Encourages Former Latch Employees to Contact the Firm

Philadelphia, Pennsylvania--(Newsfile Corp. - July 15, 2024) - Kaskela Law LLC announces that it is investigating Latch, Inc. (NASDAQ: LTCH) on behalf of the company's former employees.

On June 3, 2021, TS Innovation Acquisitions Corp. ("TSIA"), a publicly traded special purpose acquisition ("SPAC") company, announced that TSIA's stockholders had approved of an acquisition of privately held Latch, Inc. ("Legacy Latch"). TSIA also announced that, upon the closing of the acquisition, the combined company would continue to be known as Latch ("New Latch") and its common stock would start trading under ticker symbol NASDAQ: LTCH.

In connection with the closing of the acquisition, many of Legacy Latch's executives and employees had their previously held shares/stock options of privately held Legacy Latch converted into shares of publicly traded Latch (NASDAQ: LTCH). The investigation seeks to determine whether this share conversion was done in a fair manner and in accordance with the securities laws, or whether former Legacy Latch shareholders were financially harmed in connection with the conversion.

Former Legacy Latch employees who had their shares/stock options of privately held Legacy Latch converted into publicly traded shares of Latch, Inc. (NASDAQ: LTCH) are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) for additional information about this investigation and their legal rights and options at (484) 229 - 0750 or (888) 715 - 1740, or by clicking on the following link (or if necessary, by copying and pasting the link into your browser):

https://kaskelalaw.com/case/latch-inc/

Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation on a contingent basis. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com.

This notice may constitute attorney advertising in certain jurisdictions.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/216452