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INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Inspirato Incorporated and Encourages Investors with Losses to Contact the Firm
December 08, 2022 6:53 PM EST | Source: Schall Law Firm
Los Angeles, California--(Newsfile Corp. - December 8, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Inspirato Incorporated ("Inspirato" or "the Company") (NASDAQ: ISPO) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Inspirato announced in an SEC filing on November 14, 2022, that, "on November 8, 2022, the Audit Committee (the 'Audit Committee') of the Board of Directors of Inspirato Incorporated (the 'Company') concluded, after discussion with the Company's management, that the Company's unaudited condensed consolidated financial statements as of and for the quarterly periods ended March 31, 2022 and June 30, 2022 (collectively, the 'Non-Reliance Periods') included in the Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission (the 'SEC') for the Non-Reliance Periods, should no longer be relied upon." Based on this news, shares of Inspirato fell by 11% on the same day.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
Cell: 424-303-1964
info@schallfirm.com
www.schallfirm.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/147392