{"id":6478,"date":"2024-09-13T00:29:00","date_gmt":"2024-09-12T17:29:00","guid":{"rendered":"https:\/\/www.globenewswire.com\/news-release\/2024\/09\/12\/2945500\/3448\/en\/DEADLINE-ALERT-for-LULU-F-XPEL-EXTR-Law-Offices-of-Howard-G-Smith-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders.html2945500"},"modified":"2024-09-13T00:34:27","modified_gmt":"2024-09-12T17:34:27","slug":"deadline-alert-for-lulu-f-xpel-extr-law-offices-of-howard-g-smith-reminds-investors-of-class-actions-on-behalf-of-shareholders","status":"publish","type":"post","link":"https:\/\/cryptoinsider.asia\/vi\/deadline-alert-for-lulu-f-xpel-extr-law-offices-of-howard-g-smith-reminds-investors-of-class-actions-on-behalf-of-shareholders\/","title":{"rendered":"DEADLINE ALERT for LULU, F, XPEL, EXTR: Law Offices of Howard G. Smith Reminds Investors of Class Actions on Behalf of Shareholders"},"content":{"rendered":"\n

BENSALEM, Pa., Sept. 12, 2024 (GLOBE NEWSWIRE) — <\/p>\n

Law Offices of Howard G. Smith reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies. Investors have until the deadlines listed below to file a lead plaintiff motion.<\/p>\n

Investors suffering losses on their investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in these class actions at (215) 638-4847 or by email to howardsmith@howardsmithlaw.com<\/a>.<\/p>\n

Lululemon Athletica Inc. <\/strong>(NASDAQ: LULU<\/a>)
Class Period: December 7, 2023 \u2013 July 24, 2024
Lead Plaintiff Deadline: October 7, 2024 <\/strong><\/p>\n

The complaint alleges that throughout the Class Period the defendants made false and\/or misleading statements and\/or failed to disclose: (1) that the Company was struggling with inventory allocation issues and color palette execution issues; (2) that, as a result, the Company\u2019s Breezethrough product launch underperformed; (3) that, as a result of the foregoing, the Company was experiencing stagnating sales in the Americas region; and (4) that, as a result of the foregoing, Defendants\u2019 positive statements about the Company\u2019s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis.<\/p>\n

Ford Motor Company <\/strong>(NYSE: F<\/a>)
Class Period: April 27, 2022 \u2013 July 24, 2024
Lead Plaintiff Deadline: October 7, 2024 <\/strong><\/p>\n

The complaint alleges that throughout the Class Period the defendants made false and\/or misleading statements and\/or failed to disclose: (1) that the Company had deficiencies in its quality assurance of vehicle models since 2022; (2) that, as a result, the Company was experiencing higher warranty costs; (3) that the Company\u2019s warranty reserves did not accurately reflect the quality issues in vehicles sold since 2022; (4) that, as a result, the Company\u2019s profitability was reasonably likely to suffer; and (5) that, as a result of the foregoing, Defendants\u2019 positive statements about the Company\u2019s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis.<\/p>\n

XPEL, Inc. <\/strong>(NASDAQ: XPEL<\/a>)
Class Period: November 8, 2023 \u2013 May 2, 2024
Lead Plaintiff Deadline: October 7, 2024 <\/strong><\/p>\n

The complaint alleges that throughout the Class Period the defendants made false and\/or misleading statements and\/or failed to disclose that: (1) XPEL\u2019s competitors were siphoning an increasingly large segment of the market; (2) as a result, the Company\u2019s revenue growth became increasingly dependent upon existing customers and partners; (3) as a result, the Company\u2019s revenue growth for 2023 and 2024 dwindled; and (4) as a result, Defendants\u2019 positive statements about the Company\u2019s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis at all relevant times.<\/p>\n

Extreme Networks, Inc. <\/strong>(NASDAQ: EXTR<\/a>)
Class Period: July 27, 2022 \u2013 January 30, 2024
Lead Plaintiff Deadline: October 15, 2024 <\/strong><\/p>\n

The complaint alleges that throughout the Class Period the defendants made false and\/or misleading statements and\/or failed to disclose that: (1) that the Company was suffering from adverse client demand trends as its clients had ordered more product from the Company than needed in the wake of the COVID-19 pandemic to avoid supply shortages and because of a lack of alternative sourcing options and thereby had cannibalized their Class Period purchasing needs; (2) that the Company was increasingly offsetting these adverse organic demand trends with the fulfillment of backlog orders in a manner that materially exceeded the proportion represented to investors; (3) that, as a result, the Company was drawing down its backlog at a much faster rate than represented to investors; (4) that, as a result, the Company\u2019s backlog was already decreasing and at a much quicker pace than defendants\u2019 statements to investors that backlog would only \u201cbegin to shrink\u201d in 4Q23 and it would be not until \u201cfiscal \u201826 when it really goes back to normal\u201d; (5) that, as a result, the Company\u2019s backlog was not on track to continue increasing to $600 million; and (6) that, as a result, defendants had materially misrepresented the Company\u2019s organic demand, revenue growth, and market share gains as the fulfillment of the Company\u2019s backlog masked a decline in organic demand and attendant revenues; and (7) as a result, Defendants\u2019 positive statements about the Company\u2019s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis at all relevant times.<\/p>\n

To be a member of these class actions, you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about these class actions, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215) 638-4847 or by email to howardsmith@howardsmithlaw.com<\/a>, or visit our website at www.howardsmithlaw.com<\/a>.<\/p>\n

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p>\n

Contacts<\/strong>
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com<\/a>
www.howardsmithlaw.com<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

BENSALEM, Pa., Sept. 12, 2024 (GLOBE NEWSWIRE) — Law Offices of Howard G. Smith reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies. Investors have until the deadlines listed below to file a lead plaintiff motion. Investors suffering losses on their investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in these class actions at (215) 638-4847 or by email to howardsmith@howardsmithlaw.com….<\/p>\n","protected":false},"author":1,"featured_media":6479,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[75,1406],"tags":[],"class_list":["post-6478","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-globenewswire"],"yoast_head":"\nDEADLINE ALERT for LULU, F, XPEL, EXTR: Law Offices of Howard G. 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