LUXURBAN ALERT: Bragar Eagel & Squire, P.C. is Investigating LuxUrban Hotels Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 31 2025
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Source: Globenewswire
Investigation into LuxUrban Hotels: Bragar Eagel & Squire, P.C. is investigating potential claims against LuxUrban Hotels Inc. following a class action complaint alleging that the company misled investors regarding its lease with the Royalton Hotel and failed to disclose multiple lawsuits for unpaid rent.
Stock Price Impact: Following revelations about the lack of a signed lease and ongoing legal issues, LuxUrban's stock price experienced significant declines, dropping 12% on January 17, 2024, and an additional 22% after the company announced the termination of discussions regarding the Royalton Hotel on February 5, 2024.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
