NEW
YORK, Oct. 24, 2023 /PRNewswire/ -- The Gross
Law Firm issues the following notice to shareholders of
Leslie's, Inc..
Shareholders who purchased shares of LESL during the class
period listed are encouraged to contact the firm regarding possible
lead plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/leslies-loss-submission-form/?id=52674&from=4
CLASS PERIOD: February 5,
2021 to July 13, 2023
ALLEGATIONS: The complaint alleges that
during the class period, Defendants issued materially false and/or
misleading statements and/or failed to disclose that: (1) the
Company's growth was caused by customers over purchasing products
to stockpile in case of a chemical shortage; (2) such sales
inflated revenues and earnings and were not indicative of durable
and sustainable demand or financial growth; (3) the Company took
advantage of chemical shortages by urging customers to stock up on
the products because Leslie's could not "guarantee availability" of
chemicals in the future; and (4) any slowdown in sales was not a
normalization of past seasonality, but was due to the prior excess
stockpiling. As a result, defendants' positive statements about the
Company's financial guidance, business, operations, and prospects
were materially false and misleading and/or lacked a reasonable
basis at all relevant times.
DEADLINE: November 7, 2023
Shareholders should not delay in registering for this class action.
Register your information here:
https://securitiesclasslaw.com/securities/leslies-loss-submission-form/?id=52674&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of LESL during the timeframe
listed above, you will be enrolled in a portfolio monitoring
software to provide you with status updates throughout the
lifecycle of the case. The deadline to seek to be a lead plaintiff
is November 7, 2023. There is no cost
or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is a nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. The Gross Law
Firm is committed to ensuring that companies adhere to responsible
business practices and engage in good corporate citizenship. The
firm seeks recovery on behalf of investors who incurred losses when
false and/or misleading statements or the omission of material
information by a company lead to artificial inflation of the
company's stock. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm