RADNOR, Pa., Oct. 12, 2022 (GLOBE NEWSWIRE) — The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a class action lawsuit has been filed in the United States District Court for the Southern District of New York against Latch, Inc. f/k/a TS Innovation Acquisition Corp. (“Latch”) was filed. LTCH. The lawsuit alleges that Latch violated federal securities laws, including omissions and fraudulent misrepresentations regarding the company’s business, operations and prospects. As a result of Latch’s materially misleading public statements and omissions, investors in Latch have suffered significant losses.

CLICK HERE TO SUBMIT YOUR LOCK LOSSES. YOU CAN ALSO CLICK OR COPY AND PASTE THE FOLLOWING LINK INTO YOUR BROWSER: https://www.ktmc.com/new-cases/latch-inc?utm_source=PR&utm_medium=link&utm_campaign=latch&mktm=r

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LIMIT FOR THE PLAINTIFF: 31 OCTOBER 2022

COURSE PERIOD: MAY 13, 2021 TO AUGUST 25, 2022

CONTACT AN ATTORNEY TO DISCUSS YOUR RIGHTS:
Jonathan Naji, Esq. at (484) 270-1453 or email at [email protected]

Kessler Topaz is one of the world’s leading advocates for protecting the public from corporate fraud and other wrongdoing. Our securities fraud litigators are consistently recognized individually as leaders in the field, and our firm is feared and respected by both the defense and the Insurance Board. We are proud to have recovered billions of dollars for our clients and the classes of shareholders we represent.

ALLEGED MISCONDUCT BY LATCH
On August 25, 2022, Latch filed a Form 8-K with the SEC notifying investors that the company’s audit committee and management had determined that Latch’s consolidated financial statements for 2021 and the first quarter of 2022 would be restated would have to. Latch also informed investors that certain revenue recognition errors have occurred as a result of undisclosed sales agreements resulting from sales activity unrelated to the…