HireRight
HRT
ATLANTA, GA – – (Globe Newswire – April 10, 2024) – – A shareholder class action lawsuit has been filed against HireRight Holdings Corporation (“HireRight” or the “Company”) (NYSE: HRT). The lawsuit alleges that Defendants made materially false and misleading statements and/or failed to disclose material adverse information in the Company’s Offering Documents regarding its business, operations, and prospects, including allegations 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; and (iii) accordingly, HireRight had overstated its post-IPO business and/or prospects.
If you purchased shares in the Company’s IPO and/or suffered a significant loss on your HireRight investment, you are encouraged to discuss your legal rights by contacting Corey Holzer, Esq. at cholzer@holzerlaw.com, by toll-free telephone at (888)-508-6832 or, you may visit the firm’s website at www.holzerlaw.com/case/hireright/ to learn more.
The deadline to ask the court to be appointed lead plaintiff in the case is June 3, 2024.
Registration Deadline
Lead Plaintiff Deadline Has Passed
June 3, 2024