SAN FRANCISCO, Feb. 17, 2022 (GLOBE NEWSWIRE) — Hagens Berman urges TaskUs, Inc. (NASDAQ:TASK) with significant losses to submit your losses now.
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TaskUs, Inc. (TASK) Investigation:
The investigation focuses on TaskUs’ and senior management’s claims about the company’s content monitoring and moderation services (“Content Security”) business, a core offering largely tied to Facebook, TaskUs’ largest customer.
Leading up to and after TaskUs’ initial public offering in June 2021, the company and its senior management have touted the size and growth of the Content Security market and the company’s ties to Facebook, enabling TaskUs to complete its IPO and subsequently permit the company’s CEO and President to each sell about 1.9 million shares at $63/share to the investing public.
TaskUs’ and senior management’s claims came under question on Jan. 20, 2022, …
