Legal

ROSEN, A Leading Investor Law Firm, Urges XPEL, Inc. Shareholders to Act Before Deadline in Class Action Lawsuit

Published September 24, 2024

NEW YORK, Sept. 23, 2024 (GLOBE NEWSWIRE) – Rosen Law Firm, renowned globally for advocating investor rights, has issued a reminder to all individuals who purchased XPEL, Inc XPEL securities during the period between November 8, 2023, and May 2, 2024, to consult with legal counsel ahead of the critical October 7, 2024 deadline for lead plaintiff appointment in a securities class action lawsuit against the company.

Details of the Securities Class Action Against XPEL, Inc.

The lawsuit filed by Rosen Law Firm alleges that XPEL, Inc. XPEL violated federal securities laws by making false and/or misleading statements and/or failing to disclose pertinent information to their investors. The case aims to recover damages for XPEL investors under federal securities laws.

Why the Reminder Matters

For investors who suffered losses on their XPEL, Inc. XPEL shares, actively participating in the class action lawsuit is crucial. The lead plaintiff is primarily responsible for overseeing the litigation process on behalf of all class members; thus, it is important for affected shareholders to be involved and represented adequately before the October 7, 2024 deadline. Those who do not meet this deadline may still be part of the lawsuit but will not be able to act as lead plaintiff.

Investors are encouraged to consult with experienced securities lawyers to understand their rights and the importance of acting swiftly to protect their investment interests. Rosen Law Firm is extending their services to provide the necessary counsel to ensure XPEL investors make well-informed decisions regarding their involvement in the securities class action.

XPEL, Securities, LawSuit