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Stock impact report

LESLIE’S ALERT: Bragar Eagel & Squire, P.C. is Investigating Leslie’s, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

Leslie's, Inc. (LESL) 
Company Research Source: GlobeNewswire
NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Leslie’s, Inc. (NASDAQ: LESL) on behalf of long-term stockholders following a class action complaint that was filed against Leslie’s on September 8, 2023 with a Class Period from February 5, 2021 to July 13, 2023. Our investigation concerns whether the board of directors of Leslie’s have breached their fiduciary duties to the company. The Class  Action alleges  that, during  the Class  Period, Defendants  misled investors and/or failed to disclose that  (1) the Company’s growth was  caused by customers over purchasing  products; (2) such  sales inflated revenues  and earnings and  were  not  indicative  of  durable  and  sustainable  demand  or financial growth; (3) the  Company prolonged the  inflated customer demand  by warning  customers  that  Leslie’s  could  not  “guarantee  availability”   of chemicals in the Show less Read more
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