HRT DEADLINE ALERT: ROSEN, LEADING INVESTOR ADVISOR, Encourages HireRight Holdings Corporation Investors to Seek Counsel Ahead of Important Securities Class Action Deadline of June 3 – HRT

NEW YORK, May 28, 2024 /PRNewswire/ — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of HireRight Holdings Corporation (NYSE: HRT) pursuant to and/or traceable to the registration statement and prospectus (collectively, the “offering documents”) issued in connection with HireRight’s October 2021 initial public offering (the “IPO”) of the important June 3, 2024 Deadline for Lead Plaintiff.

SO WHAT: If you have purchased HireRight securities, you may be entitled to compensation without payment of any out-of-pocket fees or costs under a contingency fee arrangement.

WHAT TO DO NEXT: To join the HireRight class action lawsuit, go to https://rosenlegal.com/submit-form/?case_id=23874 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information about the class action lawsuit. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court by 3 June 2024 at the latestA lead plaintiff is a representative party directing the litigation on behalf of other class members.

WHY ROSEN LAW: We encourage investors to select qualified advisors with a track record of success in senior leadership roles. Often, the firms issuing the advertisements do not have comparable experience, resources or significant recognition from their peers. Many of these firms do not actually litigate securities class action lawsuits, but rather act as intermediaries, referring clients or working with law firms that actually litigate the cases in court. Choose your lawyer wisely. The Rosen Law Firm represents investors around the world and focuses on class action and shareholder litigation. The Rosen Law Firm has achieved the largest securities class action settlement against a Chinese company. The Rosen Law Firm was ranked No. 1 by ISS Securities Class Action Services in 2017 for number of securities class action settlements. The firm has been ranked in the top four every year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named a Titan of Plaintiffs’ Bar by law360. Many of the firm’s attorneys have received awards from Lawdragon and Super Lawyers.

CASE DETAILS: According to the lawsuit, the offering materials contained false and/or misleading statements and/or failed to disclose that: (1) HireRight was exposed to customers with significant employment and hiring risk, and HireRight achieved greater revenue growth by hiring existing customers than by hiring new customers; (2) as a result, HireRight’s revenue growth was unsustainable to the extent that it was based on the stability of hiring its current customers and/or the profitability of acquiring new customers; (3) accordingly, HireRight had overstated its post-IPO business and/or prospects; and (4) as a result, defendants’ statements about HireRight’s business, operations and prospects were materially false and misleading at all relevant times and/or lacked a reasonable basis. When the true details emerged in the market, the lawsuit alleges that investors suffered damages.

To join the HireRight class action lawsuit, go to https://rosenlegal.com/submit-form/?case_id=23874 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information about the class action lawsuit.

No class action has been certified. Until a class action is certified, you will not be represented by counsel unless you hire one. You may select counsel of your choice. You may also remain as an absent class member and take no action at this time. An investor’s ability to share in any potential future recovery is not dependent on serving as lead plaintiff.

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Contact information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Law Firm of Rosen, PA
275 Madison Avenue, 40th floor
New York, NY 10016
Phone: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com

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Source: The Rosen Law Firm, PA