Tuesday, 02 January 2024 12:17 GMT

WSO Investors Have Opportunity To Join Watsco, Inc. Fraud Investigation With The Schall Law Firm


(MENAFN- PR Newswire)

LOS ANGELES, May 8, 2025 /PRNewswire/ -- The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Watsco, Inc. ("Watsco" or "the Company") (NYSE: WSO ) 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. Watsco announced its financial results for Q1 2025 on April 23, 2025. The Company reported a 2% year-over-year revenue decline, missing consensus estimates. The Company claimed its "results reflect the early stages of a large-scale product transition from regulatory changes that went into effect January 1, 2025, which affects approximately 55% of Watsco's sales and will ultimately convert nearly $1 billion of inventory over the course of the year." Based on this news, shares of Watsco 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, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at , or by email at [email protected] .

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
[email protected]

SOURCE The Schall Law Firm

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