KPLT - SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Katapult Holdings Inc. - KPLT | Benzinga
NEW YORK, April 08, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Katapult Holdings, Inc. ("Katapult" or the "Company") (NASDAQ:KPLT). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
The investigation concerns whether Katapult and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
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On April 2, 2024, after the market closed, Katapult filed a Current Report on Form 8-K with the United States Securities and Exchange Commission revealing that, on April 1, 2024, during the preparation of the Company's consolidated financial statements for the year ended December 31, 2023, it was determined that the Katapult's revenue, sales tax payable, depreciation expense included in cost of revenue and property held for lease were materially misstated in certain prior periods. The Company's conclusion was based on management's ...