NYSE: PWSC

PowerSchool Holdings, Inc.

Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of PowerSchool Holdings, Inc. (NYSE: PWSC) resulting from allegations that PowerSchool may have issued materially misleading business information to the investing public.

If you purchased PowerSchool securities and would like to join the prospective action, please click “Join This Class Action.”

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If you purchased PowerSchool securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Details of investigation:

On April 17, 2024, Spruce Point Capital Management released a report about PowerSchool. Spruce Point conducted a forensic review of PowerSchool, stating “concerns over the Company’s aggressive accounting practices, unsustainable growth expectations, and sales of a product that may potentially be violating several states’ child privacy laws. We also believe the Board may be conflicted and as a result, may not be serving all shareholders equally.”

On this news, PowerSchool’s stock fell $1.94 per share, or 9.8%, to close at $17.79 per share on April 17, 2024.

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Company Name: PowerSchool Holdings, Inc.
Stock Symbol: PWSC
Class Period: N/A
Court: N/A
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