Luxurban Hotels Inc. (LUXH) Class Action Lawsuit Filed On Behalf Of Investors – Nationally Ranked Investors’ Rights Firm Holzer & Holzer, LLC Encourages Investors With Significant Losses To Contact The Firm


(MENAFN- GlobeNewsWire - Nasdaq) ATLANTA, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC reminds investors that a shareholder class action lawsuit has been filed against LuxUrban Hotels Inc. (“LuxUrban” or the“Company”) (NASDAQ: LUXH). The lawsuit alleges Defendants made materially false and misleading statements and/or failed to disclose material adverse information regarding its business, operations, and prospects, including allegations that: (1) that the Company had not signed a lease with the Royalton Hotel; (2) that, as a result, LuxUrban's total reported units was overstated; (3) that LuxUrban faced multiple lawsuits for unpaid rent and (4) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

If you bought LuxUrban shares between November 8, 2023 and February 2, 2024, and suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey Holzer, Esq. at ... , by toll-free telephone at (888)-508-6832 or, you may visit the firm's website at to learn more.

The deadline to ask the court to be appointed lead plaintiff in the case is April 12, 2024.

Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021 and 2022, 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, , and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.

CONTACT:
Corey Holzer, Esq.
(888) 508-6832 (toll-free)
...


MENAFN13022024004107003653ID1107846950


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.