NEW YORK, Feb. 23, 2023 (GLOBE NEWSWIRE) — Attorney Advertising — Bronstein, Gewirtz & Grossman, LLC is notifying investors that a class action lawsuit has been filed against Inspirato Incorporated (“Inspirato” or “the Company”) ISPO and certain of its officers on behalf of all persons and entities that purchased or otherwise acquired Inspirato Securities between May 11, 2022 and December 15, 2022 (the “Collection Period”). Such investors are encouraged to join this case by visiting the company’s website: www.bgandg.com/ispo.
This class action seeks damages against the defendants for alleged violations of the federal securities laws.
The complaint alleges that 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 Complaint also alleges that the Company misapplied Accounting Standards Update (ASU) No. 2016-02, Leases (Topic 842) (“ASC 842”), resulting in the unreliability of the Non-Reliance Periods, and on the basis Of these facts, the Inspirato’s public utterances were false and materially misleading throughout the instruction period.
A class action lawsuit has already been filed. If you would like to see a copy of the complaint, you can visit the firm’s website: www.bgandg.com/ispo or you can contact Peretz Bronstein, Esq. or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss at Inspirato, you have until April 17, 2023 to request that the court appoint you lead plaintiff. Your ability to participate in a recovery does not require you to serve as lead plaintiff.
Bronstein, Gewirtz & Grossman, LLC represents investors in class action lawsuits alleging securities fraud and shareholder derivative lawsuits. The company has recovered hundreds of millions of dollars for investors nationwide. attorney advertising. Previous results not …
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