NEW YORK, NY / ACCESSWIRE / September 19, 2022 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following publicly-traded companies. You can review a copy of the Complaints by visiting the links below or you may contact Peretz Bronstein, Esq. or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss, you can request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. A lead plaintiff acts on behalf of all other class members in directing the litigation. The lead plaintiff can select a law firm of its choice. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Latch, Inc. f/k/a TS Innovation Acquisitions Corp.
(NASDAQ:LTCH, LTCHW, TSIA, TSIAW, TSIAU)
Class Period: May 13, 2021 - August 25, 2022
Deadline: October 31, 2022
For more info:www.bgandg.com/ltch.
The Complaint alleges that throughout the Class Period, defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, defendants failed to disclose to investors that: (1) there were unreported sales arrangements related to hardware devices; (2) as a result, the Company had improperly recognized revenue throughout fiscal 2021 and first quarter 2022; (3) there were material weaknesses in Latch's internal control over financial reporting related to revenue recognition; (4) as a result of the foregoing, Latch would restate financial statements for fiscal 2021 and first quarter 2022; and (5) 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.
Kohl's Corporation (NYSE:KSS)
Class Period: October 20, 2020 - May 19, 2022
Deadline: November 1, 2022
For more info:www.bgandg.com/kss.
The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Kohl's Strategic Plan was not well tailored to achieving the Company's stated goals; (2) the Defendants had likewise overstated the Company's success in executing its Strategic Plan; (3) Kohl's had deficient disclosure controls and procedures, internal control over financial reporting, and corporate governance mechanisms; (4) as a result, the Company's Board was able to and did withhold material information from shareholders about the state of Kohl's in the lead-up to the Company's annual meeting; (5) all the foregoing, once revealed, was likely to have a material negative impact on Kohl's financial condition and reputation; and (6) as a result, the Company's public statements were materially false and misleading at all relevant times.
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
212-697-6484 | [email protected]
SOURCE: Bronstein, Gewirtz and Grossman, LLC