Press release
Deadline on June 19th coming up in Lawsuit filed for Investors in Wheels Up Experience Inc. (NYSE: UP)
A Deadline is coming up on June 19, 2023 in the lawsuit for certain investors in Wheels Up Experience Inc. (NYSE: UP).
Investors who purchased shares of Wheels Up Experience Inc. (NYSE: UP) have certain options and there are strict and short deadlines running. Deadline: June 19, 2023. NYSE: UP stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
According to the complaint filed in the U.S. District Court for the Eastern District of New York the plaintiff alleges on behalf of purchasers of Wheels Up Experience Inc. (NYSE: UP) common shares between November 9, 2022 and March 31, 2023, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between November 9, 2022 and March 31, 2023, the defendants made materially false and/or misleading statements and/or failed to disclose that Wheels Up failed to address any material weaknesses with internal controls, that Wheels Up's financial statements from September 30, 2022 to the present included "certain errors" such as understating net loss and overstating goodwill, that as a result, Wheels Up would need to restate its previously filed financial statements for certain periods, and that as a result, Defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Those who purchased shares of Wheels Up Experience Inc. (NYSE: UP) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, 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, investigations, and/or settlements are not filed/initiated/reached and/or are not 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.
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