NEW YORK, April 7, 2023 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, PC, a nationally recognized shareholder rights law firm, is reminding investors that class action lawsuits have been filed on behalf of shareholders of Inspirato Incorporated ISPOKornit Digital Ltd. KRNTAlico, Inc. ALCOand Catalent, Inc. CTLT. Shareholders have until the deadlines below to petition the court to appear as lead plaintiffs. For more information on each case, see the link provided.
Inspirato Incorporated ISPO
Class period: May 11, 2022 – December 15, 2022
Lead Plaintiff Deadline: April 17, 2023
According to the complaint, the company made false and misleading statements to the market. Inspirato’s financial statements for the quarters ended March 31, 2022 and June 30, 2022 (collectively, the “Non-Reliability Periods”) could not be relied on. The Company misapplied Accounting Standards Update (ASU) No. 2016-02, Leases (Item 842) (“ASC 842”), resulting in the unreliability of non-reliance periods. Based on these facts, the Company’s public statements throughout the class action period were false and substantially misleading. When the market learned the truth about Inspirato, investors suffered.
For more information on the Inspirato class action go to: https://bespc.com/cases/ISPO
Kornit Digital Ltd. KRNT
Class Period: February 17, 2021 – July 5, 2022
Lead Plaintiff Deadline: April 17, 2023
Kornit develops and manufactures industrial digital printing technologies for the apparel, apparel and textile industries. The company’s digital inkjet printers enable end users to print both Direct-to-Garment (“DTG”) and Direct-to-Fabric (“DTF”). DTG printing involves printing designs and images directly onto finished textiles such as clothing and apparel. In DTF printing, large rolls of fabric pass through wide inkjet printers that print images and designs directly onto panels of fabric, which are then cut and sewn into a product that can be used in fashion and home decoration…
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