NYSE: HRT

HireRight Holdings Corporation

Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of HireRight Holdings Corporation (NYSE: HRT) pursuant and/or traceable to the Registration Statement and prospectus (collectively, the “Offering Documents”) issued in connection with HireRight’s October 2021 initial public offering (the “IPO”).  A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 3, 2024.

If you purchased HireRight securities pursuant/and or traceable to the Offering Documents and would like to join the action, please click “Join This Class Action.”

Class Period:Pursuant and/or traceable to the Offering Documents issued in connection with HireRight's October 2021 IPO

Deadline:

39 Days
If you purchased HireRight securities pursuant and/or traceable to the October 2021 IPO you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Details of the case:

According to the lawsuit, the Offering Documents made false and/or misleading statements and/or failed to disclose that:

  • HireRight was exposed to customers with significant employment and hiring risk and HireRight derived greater revenue growth from existing client hiring than from new client hiring;
  • as a result, HireRight’s revenue growth was unsustainable to the extent that it relied on the stability of its current customers’ hiring and/or the profitability of securing new customers;
  • accordingly, HireRight had overstated its post-IPO business and/or prospects; and
  • as a result, defendants’ statements about HireRight’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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Company Name: HireRight Holdings Corporation
Stock Symbol: HRT
Class Period: Pursuant and/or traceable to the Offering Documents issued in connection with HireRight's October 2021 IPO
Court: United States District Court for the Middle District of Tennessee

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The Rosen Law Firm has been ranked among the top 4 law firms each year since 2013 for the number of successful securities class actions on behalf of investors. In 2019 alone, our firm recovered $438 million for investors.

Investors should carefully identify and select experienced counsel with a track record of success leading securities class actions. Often other firms issue press releases about class actions yet do not have comparable experience or resources.

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The Rosen Law Firm represents investors throughout the globe. Our mission is to prosecute securities fraud class actions and protect shareholders’ rights.

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