NEW YORK, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, reminds investors that a class action lawsuit has been filed against Leslie's, Inc. ("Leslie's" or the "Company") (NASDAQ:LESL) in the United States District Court for the District of Arizona on behalf of all persons and entities who purchased or otherwise acquired Leslie's common stock between February 5, 2021 and July 13, 2023, both dates inclusive (the "Class Period"). Investors have until November 7, 2023 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
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The Class Action alleges that, during the Class Period, Defendants misled investors and/or failed to disclose that (1) the Company's growth was caused by customers over purchasing products; (2) such sales inflated revenues and earnings and were not indicative of durable and sustainable demand or financial growth; (3) the Company prolonged ...