INSE - Inspired Entertainment (INSE) Admits to Understating Costs for Over Two Years – Hagens Berman | Benzinga

SAN FRANCISCO, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges Inspired Entertainment, Inc. (NASDAQ:INSE) investors who suffered substantial losses to submit your losses now.

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Inspired Entertainment, Inc. (NASDAQ:INSE) Investigation:

The investigation focuses on the propriety of Inspired Entertainment's previously filed financial statements.

More specifically, after markets closed on Nov. 8, 2023, Inspired announced that it did not comply with Generally Accepted Accounting Principles regarding capitalization of software development costs including "the timing of capitalization with respect to software development projects and the nature of costs eligible for capitalization."

The company also said that, due to the above issue, investors should no longer rely on its ...

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