NASDAQ:ISPO Investor Notice: Investigation over Possible Securities Laws Violations by Inspirato Incorporated
An investigation for investors in Inspirato Incorporated (NASDAQ:ISPO) shares over potential securities laws violations by Inspirato Incorporated was announced.
San Diego, CA -- (SBWire) -- 01/11/2023 --Inspirato Incorporated is under investigation over potential securities laws violations by Inspirato Incorporated in connection with certain financial statements.
Investors who purchased shares of Inspirato Incorporated (NASDAQ: ISPO), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by Inspirato Incorporated regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Denver, CO based Inspirato Incorporated operates as a subscription-based luxury travel company. On November 14, 2022, before trading hours, Inspirato Incorporated announced in a filing with the U.S. Securities and Exchange Commission ("SEC") that "[o]n November 8, 2022, the Audit Committee (the 'Audit Committee') of the Board of Directors of Inspirato Incorporated (the 'Company') concluded, after discussion with the Company's management, that the Company's unaudited condensed consolidated financial statements as of and for the quarterly periods ended 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') for the Non-Reliance Periods, should no longer be relied upon."
Shares of Inspirato Incorporated (NASDAQ: ISPO) declined from $3.09 per share on September 12, 2022, to as low as $1.59 per share on December 12, 2022.
Those who purchased shares of Inspirato Incorporated (NASDAQ: ISPO) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Christopher ClausenMichael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
Media Relations Contact
Michael Daniels
Shareholders Foundation, Inc.
1-858-779-1554
https://www.shareholdersfoundation.com/
View this press release online at: http://rwire.com/1369016