Wheels Up Experience Inc.
Investors that purchased the Company’s securities and have suffered a loss, please fill in transaction information below, or email to info@portnoylaw.com.
There is no cost or obligation associated with submitting your information. If you are a shareholder who suffered a loss, please submit your contact information and purchase information to participate in the putative class action.
We also encourage you to contact Lesley F. Portnoy of The Portnoy Law Firm, at 310.692.8883, to discuss your rights free of charge. You can also reach us through the firm’s website at www.portnoylaw.com, or by email at info@portnoylaw.com.
If you choose to take no action, you can remain an absent class member.
Joining the case through the Portnoy Law website enables investors to learn about their legal claims and take an active role in recovering their losses.
The Portnoy Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
CONTACT:
Portnoy Law Firm
Lesley F. Portnoy, Esq.,
www.portnoylaw.com
Office: 310.692.8883
1800 Century Park East, Suite 600
Los Angeles, CA 90067
info@portnoylaw.com
The lawsuit alleges that during the Class Period, the defendants made false and/or misleading statements or failed to disclose important information. Specifically, the lawsuit claims that Wheels Up did not address significant weaknesses in its internal controls, and that its financial statements contained errors that understated net loss and overstated goodwill from September 30, 2022, to the present. As a result, the company would have to restate its previously reported financial statements for certain periods. The lawsuit further alleges that Defendants’ statements about Wheels Up’s business, operations, and prospects were false and misleading and lacked a reasonable basis. When this information was revealed to the public, the lawsuit claims that investors suffered damages.
