HRBR Investors Have Opportunity to Lead Harbor Diversified, Inc. Securities Fraud Lawsuit

Author's Avatar
Jun 18, 2024

PR Newswire

BENSALEM, Pa., June 18, 2024 /PRNewswire/ -- Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Harbor Diversified, Inc. ("Harbor Diversified" or the "Company") (OTC: HRBR).

Class Period: May 10, 2022 – March 29, 2024
Lead Plaintiff Deadline: July 8, 2024

Investors suffering losses on their Harbor Diversified investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 215-638-4847 or by email to [email protected].

The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors that: (1) Harbor Diversified's financial statements from May 9, 2022 to the present were misstated due to improper revenue recognition; (2) Harbor Diversified lacked adequate internal controls; and (3) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

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. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215) 638-4847 or by email to [email protected], or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
[email protected]
www.howardsmithlaw.com

favicon.png?sn=PH42813&sd=2024-06-18 View original content:https://www.prnewswire.com/news-releases/hrbr-investors-have-opportunity-to-lead-harbor-diversified-inc-securities-fraud-lawsuit-302176038.html

SOURCE Law Offices of Howard G. Smith

rt.gif?NewsItemId=PH42813&Transmission_Id=202406181646PR_NEWS_USPR_____PH42813&DateId=20240618