NEW YORK, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of SmartRent, Inc. (“SmartRent” or “the Company”) (NYSE: SMRT). Investors who purchased SmartRent securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/SMRT.

Investigation Details

On July 30, 2024, SmartRent issued a press release announcing the resignation of Lucas Haldeman as Chief Executive Officer (“CEO”) and from the Company’s Board of Directors, effective July 29, 2024. In the same press release, SmartRent stated that “[i]n light of the pending CEO transition, the scaling back of SmartRent’s channel partner program and continued, increasing market headwinds, including known and anticipated customer capital spending delays, the Company is suspending its previous guidance for full-year 2024” and “advise[d] investors they should not rely on the outlook previously provided by management.” On this news, SmartRent’s stock price fell sharply during intraday trading on July 30, 2024.

What's Next?

If you are aware of any facts relating to this investigation or purchased SmartRent securities, you can assist this investigation by visiting the firm’s site: bgandg.com/SMRT. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.

There is No Cost to You

We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.

Attorney advertising. Prior results do not guarantee similar outcomes.

Contact

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | info@bgandg.com

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