NEW
YORK, May 7, 2024 /PRNewswire/ -- The Gross Law
Firm issues the following notice to shareholders of HireRight
Holdings Corporation (NYSE: HRT).
Shareholders who purchased shares of HRT 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/hireright-holdings-loss-submission-form/?id=78301&from=4
CLASS PERIOD: This lawsuit is on behalf of all those who
purchased or otherwise acquired HireRight securities pursuant
and/or traceable to documents issued in connection with HireRight's
October 2021 initial public
offering.
ALLEGATIONS: The complaint alleges that
during the class period, Defendants issued materially false and/or
misleading statements and/or failed to disclose that: (i) HireRight
was exposed to customers with significant employment and hiring
risk and the Company derived greater revenue growth from existing
client hiring than from new client hiring; (ii) as a result, the
Company's revenue growth was unsustainable to the extent that it
relied on the stability of its current customers' hiring and/or the
profitability of securing new customers; (iii) accordingly,
HireRight had overstated its post- initial public offering business
and/or prospects; and (iv) as a result, defendants' statements
about the Company's business, operations, and prospects were
materially false and misleading and/or lacked a reasonable basis at
all relevant times.
DEADLINE: June 3, 2024
Shareholders should not delay in registering for this class action.
Register your information here:
https://securitiesclasslaw.com/securities/hireright-holdings-loss-submission-form/?id=78301&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of HRT 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 June 3, 2024. 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