Kessler Topaz Meltzer & Check, LLP Announces a Securities Fraud Class Action Law… – Press Release

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RADNOR, Pa., March 26, 2022 (GLOBE NEWSWIRE) — The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Southern District of New York against TaskUs, Inc. (“TaskUs”) TASK. The action charges TaskUs with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company’s business, operations, and prospects. As a result of TaskUs’ materially misleading statements to the public, TaskUs’ investors have suffered significant losses.

Kessler Topaz is one of the world’s foremost advocates in protecting the public against corporate fraud and other wrongdoing. Our securities fraud litigators are regularly recognized as leaders in the field individually and our firm is both feared and respected among the defense bar and the insurance bar. We are proud to have recovered billions of dollars for our clients and the classes of shareholders we represent.

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CLICK HERE TO SUBMIT YOUR TASKUS LOSSES. YOU CAN ALSO CLICK ON THE FOLLOWING LINK OR COPY AND PASTE IN YOUR BROWSER: https://www.ktmc.com/task-class-action-lawsuit?utm_source=PR&utm_medium=link&utm_campaign=task

LEAD PLAINTIFF DEADLINE: APRIL 25, 2022

CLASS PERIOD: JUNE 11, 2021 THROUGH JANUARY 19, 2022

CONTACT AN ATTORNEY TO DISCUSS YOUR RIGHTS:
James Maro, Esq. at (484) 270-1453 or via email at info@ktmc.com

TASKUS’ ALLEGED MISCONDUCT
TaskUs is a business process outsourcing company focused on providing three key services to technology companies: (1) Digital Customer Experience (2) Content Security; and (3) Artificial Intelligence Operations.

On January 20, 2022, Spruce Point Capital Management, LLC issued an 80-page report on TaskUs titled “Moderating the Bull Case Content” based on its “forensic financial and accounting review” of TaskUs. The report indicated that TaskUs “has a pattern of exaggerated and…

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