NEW
YORK, May 29, 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=81717&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=81717&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
