LuxUrban

LUXH

ATLANTA, GA – – (Globe Newswire – February 13, 2024) – – Holzer & Holzer, LLC reminds investors that a shareholder class action lawsuit has been filed against LuxUrban Hotels Inc. (“LuxUrban” or the “Company”) (NASDAQ: LUXH). The lawsuit alleges Defendants made materially false and misleading statements and/or failed to disclose material adverse information regarding its business, operations, and prospects, including allegations that: (1) that the Company had not signed a lease with the Royalton Hotel; (2) that, as a result, LuxUrban’s total reported units was overstated; (3) that LuxUrban faced multiple lawsuits for unpaid rent and (4) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

If you bought LuxUrban shares between November 8, 2023 and February 2, 2024, and suffered a significant loss on that 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/luxurban/ to learn more.

The deadline to ask the court to be appointed lead plaintiff in the case is April 12, 2024.

 

Registration Deadline

Lead Plaintiff Deadline Has Passed

April 12, 2024

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