Thursday, March 7, 2024
The Law Offices of Howard G. Smith is notifying investors who have incurred significant losses to consider leading the securities fraud class action lawsuit against LuxUrban Hotels Inc. (“LuxUrban” or the “Company”) listed on NASDAQ as LUXH.
Relevant Dates for the Class: From November 8, 2023, to February 2, 2024
Deadline for Lead Plaintiff Application: April 12, 2024
Investors who have experienced significant losses from their investments in LuxUrban are advised to get in touch with the Law Offices of Howard G. Smith for a discussion on their legal options in this matter at 888-638-4847.
The lawsuit claims that during the class period, the Defendants did not inform investors about: (1) the absence of a lease agreement with the Royalton Hotel; (2) the resulting overstatement of LuxUrban’s total reported units; (3) multiple lawsuits against LuxUrban regarding unpaid rent; and (4) consequently, the Defendants’ optimistic statements about the Company’s operations, business outlook, and prospects were substantially misleading or lacked a sound basis.
If you are interested in becoming a member of the class action, no immediate action is necessary at this point; you may choose your own legal representation or decide not to take any action and still remain an absent class action member. For further information about this class action, or if you have questions regarding this notice, your rights, or interests concerning the ongoing lawsuit, please reach out to Howard G. Smith, Esquire, at the Law Offices of Howard Contact G. Smith at the address 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020. You can reach them by phone at (215) 638-4847, or for no charge at (888) 638-4847.
Wednesday, May 1, 2024
Wednesday, May 1, 2024
