ATLANTA, GA – – (Globe Newswire – September 13, 2023) – – Holzer & Holzer, LLC informs investors that a shareholder class action lawsuit has been filed against Leslie’s, Inc. (“Leslie’s” or “the Company”) (NASDAQ: LESL). The lawsuit alleges Leslie’s made false or misleading statements and/or omitted material adverse information regarding the Company’s business, operations, and prospects, including: “(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.”
If you bought shares of Leslie’s between February 5, 2021 and July 13, 2023, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey Holzer, Esq. at email@example.com or Joshua Karr, Esq. at firstname.lastname@example.org, by toll-free telephone at (888) 508-6832 or you may visit the firm’s website at www.holzerlaw.com/case/leslies/ to learn more.
The deadline to ask the court to be appointed lead plaintiff in the case is November 7, 2023.
Lead Plaintiff Deadline Has Passed
November 7, 2023