SAN DIEGO, March 02, 2023 (GLOBE NEWSWIRE) —

The class: Robbins LLP reminds investors that a shareholder has filed a class action lawsuit on behalf of any person or entity holding Inspirato, Inc. ISPO Securities between May 11, 2022 and December 15, 2022 for violating the Securities Exchange Act of 1934. Inspirato purports to be a subscription-based luxury travel company offering unique solutions to: (i) affluent travelers seeking world-class service and security are looking for a wide range of accommodation and experiences; and (ii) hospitality providers looking to solve problems including monetizing excess inventory and efficiently outsourcing the burden of managing rental properties.

What now: Shareholders in a similar situation may be eligible to participate in the class action lawsuit against Inspirato. Shareholders who wish to be lead plaintiffs in the class action must file their filings by April 17, 2023. A Lead Plaintiff is a representative party acting on behalf of other Class Plaintiffs in the conduct of the litigation. You do not have to be present at the case to be eligible for a recovery. Click for more information Here.

All representations are on a contingency fee basis. Shareholders pay no fees or costs.

What is it about in this case: Inspirato, Inc. (ISPO) has restated its previously released financial statements

According to the complaint, the defendants failed to disclose that the Company’s unaudited condensed consolidated financial statements for the quarters ended March 31, 2022 and June 30, 2022 are included in its quarterly reports on Form 10-Q filed with Securities and Exchange Commission (the “SEC”), no longer reliable. In addition, the Company failed to meet the periodic filing requirements for continued listing set forth in Nasdaq Listing Rule 5250(c)(1) because it failed to file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2022, with the SEC from the required…