SAN FRANCISCO, April 11, 2022 (GLOBE NEWSWIRE) — Hagens Berman urges TaskUs, Inc. (NASDAQ:TASK) investors with significant losses to submit your losses now. A securities fraud class action has been filed and investors with significant losses have an opportunity to lead the case.
Class Period: June 11, 2021 – Jan. 19, 2022
Lead Plaintiff Deadline: Apr. 25, 2022
Visit: www.hbsslaw.com/investor-fraud/TASK
Contact An Attorney Now:
TASK@hbsslaw.com
844-916-0895
TaskUs, Inc. (TASK) Securities Fraud Class Action:
The litigation 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, the size of that market, and workforce-related metrics.
More specifically, the complaint alleges Defendants made false and misleading statements and/or failed to disclose: (1) TaskUs was experiencing severe financial strain and business challenges, particularly with its most important customer (Facebook); (2) the Content Security market was smaller than Defendants represented and based on outdated market data; (3) …
