Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against LuxUrban Hotels Inc. (LUXH)
Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming April 12, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired LuxUrban Hotels Inc. (“LuxUrban” or the “Company”) (NASDAQ: LUXH ) securities between November 8, 2023 and February 2, 2024, inclusive (the “Class Period”).
- Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming April 12, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired LuxUrban Hotels Inc. (“LuxUrban” or the “Company”) (NASDAQ: LUXH ) securities between November 8, 2023 and February 2, 2024, inclusive (the “Class Period”).
- In November 2023, the Company announced it had signed a 25-year Master Lease Agreement (“MLA”) with the prestigious Royalton Hotel in New York.
- The report stated the owner of the Royalton hotel building confirmed LuxUrban never actually signed a lease, nor even provided a Letter of Credit.
- To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.