NEW YORK, May 20, 2024 /PRNewswire/ -- Moore Law, PLLC, a
securities and shareholder law firm located on Wall Street, is
investigating potential claims against:
- Stagwell, Inc. ("Stagwell" or the "Company")
(NASDAQ:STGW)
Shareholders should email: fletcher@fmoorelaw.com
On February 27, 2024, Stagwell
disclosed that it had identified "errors in the areas of income
taxes as well as accumulated other comprehensive loss in its
previously filed 2022 annual consolidated financial statements,"
and, as a result, revised its 2022 financial statements, increasing
tax expenses by approximately $18
million.
On this news, Stagwell's stock price fell as much as 26% during
intraday trading on February 27,
2024, thereby injuring investors.
Whistleblowers: If you have information that could be
relevant to the investigation, you may be entitled to substantial
compensation. Under the new SEC Whistleblower program,
whistleblowers who provide original information may receive rewards
totaling up to 30 percent of any successful recovery made by the
SEC.
ABOUT MOORE LAW PLLC
Moore Law is a NYC litigation law firm for investors. We
hold officers and directors accountable for breaches of fiduciary
duty, fraud, insider trading, wasteful spending, and
other corporate malfeasance. We strengthen corporate reforms
to protect your investments.
Fletcher Moore, Esq.
Moore Law, PLLC
fletcher@fmoorelaw.com
(212) 709-8245
www.fmoorelaw.com
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SOURCE Moore Law PLLC