Stocks

Robbins LLP Announces Class Action Against LuxUrban Hotels Inc. for Investors

Published February 21, 2024

Investors have been alerted to a new class-action lawsuit spearheaded by Robbins LLP concerning purported securities fraud carried out by LuxUrban Hotels Inc. LUXH. The legal action is on behalf of all shareholders who acquired securities in LUXH from November 8, 2023, to February 2, 2024. This timeframe marks the class period in which the alleged fraudulent activity took place.

Legal Proceedings Initiated

A collective legal claim has been launched targeting LUXH on allegations of misleading shareholders and violating securities laws. Anyone who purchased or came into possession of LuxUrban Hotels Inc. LUXH securities within the designated period is encouraged to inform themselves of their rights and potential involvement in the class action.

Investor Participation Encouraged

The lawsuit aims to recuperate damages for LUXH investors under federal securities laws. Interested investors should take note of the lead plaintiff deadline to ensure participation in the class action suit. Those affected by the events in question are advised to seek guidance on how this legal complaint might affect their investments in LuxUrban Hotels Inc. LUXH.

Legal, Investment, Securities