BUSINESS: ROSEN, TOP RANKED GLOBAL INVESTOR COUNSEL, Encourages HyreCar Inc. Investors With Losses Exceeding 100K To Secure Counsel Prior To Important October 26 Deadline In Securities Klass Action – HYRE

dWeb.News Article from Daniel Webster dWeb.News

dWeb.News Article from Daniel Webster dWeb.News

By Daniel Webster. dWeb.News Publisher

NEW YORK, Oct. 14, 2021 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of HyreCar Inc. (NASDAQ: HYRE) between May 14, 2021 and August 10, 2021, inclusive (the “Class Period”), of the important October 26, 2021 lead plaintiff deadline.

SO WHAT: If you purchased HyreCar securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the HyreCar class action, go to http://www.rosenlegal.com/cases-register-2152.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. Already a class action lawsuit has been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 26, 2021. A lead plaintiff is an individual who acts on behalf of the class members and directs the litigation.

WHYROSEN LAW We encourage investors to choose qualified counsel who have a track record in leadership roles. Notices are often issued by firms that lack comparable experience, resources or meaningful peer recognition. Choose wisely when selecting counsel. The Rosen Law Firm represents investors around the world, with a focus on shareholder derivative litigation and securities class actions. Rosen Law Firm achieved the largest securities class action settlement against any Chinese company. Rosen Law Firm was ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Lawdragon and Super Lawyers have recognized many of the firm’s lawyers.

DETAILS of THE CASE: According to the lawsuit, defendants made false and misleading statements throughout the Class Period and/or failed disclose that: (1) HyreCar materially understated the size of its insurance reserves; (2) HyreCar systematically failed pay valid insurance claims incurred before the Class Period; (3) HyreCar incurred substantial expenses in transitioning to its third-party claims administrator and processing claims from previous periods; (5) HyreCar was not on track to reach its purported gross margin, EBITDA and net loss trajectories. Investors were allegedly harmed when the truth was revealed.

To join the HyreCar class action, go to http://www.rosenlegal.com/cases-register-2152.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. You are not permitted to retain counsel until a class has been certified. You can choose the counsel you prefer. You can also be an absent member of the class and do nothing. The ability of an investor to share in any future recovery is not tied to the role of lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Previous results are not guaranteed to produce a similar result.

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Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
Phillip Kim, Esq.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

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The post BUSINESS: ROSEN, TOP RANKED GLOBAL INVESTOR COUNSEL, Encourages HyreCar Inc. Investors With Losses Exceeding 100K To Secure Counsel Prior To Important October 26 Deadline In Securities Klass Action – HYRE appeared first on dWeb.News dWeb.News from Daniel Webster Publisher dWeb.News – dWeb Local Tech News and Business News

The post BUSINESS: ROSEN, TOP RANKED GLOBAL INVESTOR COUNSEL, Encourages HyreCar Inc. Investors With Losses Exceeding 100K To Secure Counsel Prior To Important October 26 Deadline In Securities Klass Action – HYRE appeared first on dWeb.News dWeb.News from Daniel Webster Publisher dWeb.News – dWeb Local Tech News and Business News

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