NEW YORK, Dec. 16, 2022 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Inspirato Incorporated ISPO following allegations that Inspirato may have disclosed materially misleading business information to the investing public.

SO WHAT: If you have purchased Inspirato Securities, you may be entitled to compensation without payment of expenses or costs through a contingency fee arrangement. Law firm Rosen is preparing a class action lawsuit to recover investor losses.

WHAT TO DO NEXT: To participate in the prospective class action lawsuit, go to https://rosenlegal.com/submit-form/?case_id=10246 or call Phillip Kim, Esq. toll free at 866-767-3653 or by email pkim@rosenlegal.com or cases@rosenlegal.com for information about the Class Action.

WHAT IS THIS ABOUT: On November 14, 2022, prior to trading hours, Inspirato announced in a filing with the US Securities and Exchange Commission (“SEC”) that “[o]On November 8, 2022, the Audit Committee (the “Audit Committee”) of the board of directors of Inspirato Incorporated (the “Company”), after discussion with management of the Company, concluded that the Company’s unaudited condensed consolidated financial statements for the period ended and quarterly as of March 31, 2022 and June 30, 2022 (collectively, the “Non-Reliance Periods”) included in the Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission (the “SEC”). Not -Reliability periods should no longer be considered reliable.”

As a result of this news, Inspirato’s share price fell by 11% to close at $2.00 per share on November 14, 2022.

WHY ROSES LAW: We encourage investors to select qualified advisors with a track record in leadership positions. Frequently, companies that issue notices do not have comparable experience, resources, or meaningful recognition from peers. Many of these firms do not conduct securities class action lawsuits. Be wise in choosing a lawyer. That…