ROSEN, A LEADING LAW FIRM, Encourages TaskUs, Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – TASK

NEW YORK, March 28, 2022 /PRNewswire/ —

WHY: Rosen Law Business, a world wide investor legal rights regulation agency, reminds purchasers of the securities of TaskUs, Inc. (NASDAQ: Task) between June 11, 2021 and January 19, 2022, inclusive (the “Course Period of time”), of the important April 25, 2022 direct plaintiff deadline.

SO WHAT: If you purchased TaskUs securities throughout the Class Interval you may perhaps be entitled to compensation without the need of payment of any out of pocket expenses or prices by way of a contingency price arrangement.

WHAT TO DO Subsequent: To join the TaskUs course motion, go to https://rosenlegal.com/post-kind/?scenario_id=3647 or contact Phillip Kim, Esq. toll-no cost at 866-767-3653 or email [email protected] or [email protected] for data on the course action. A class action lawsuit has already been filed. If you wish to provide as direct plaintiff, you should shift the Court docket no later than April 25, 2022. A direct plaintiff is a consultant occasion performing on behalf of other course users in directing the litigation.

WHY ROSEN Law: We stimulate buyers to pick out capable counsel with a keep track of history of good results in management roles. Generally, companies issuing notices do not have comparable experience, methods or any significant peer recognition. Lots of of these firms do not basically deal with securities class steps, but are simply middlemen that refer clients or partner with regulation firms that actually litigate the scenarios. Be clever in picking counsel. The Rosen Law Business signifies investors throughout the world, concentrating its observe in securities course steps and shareholder by-product litigation. Rosen Law Firm has attained the premier ever securities course action settlement from a Chinese Business. Rosen Law Business was Rated No. 1 by ISS Securities Course Motion Services for amount of securities course motion settlements in 2017. The business has been ranked in the top 4 each and every 12 months due to the fact 2013 and has recovered hundreds of tens of millions of dollars for buyers. In 2019 alone the organization secured over $438 million for traders. In 2020, founding spouse Laurence Rosen was named by regulation360 as a Titan of Plaintiffs’ Bar. Quite a few of the firm’s lawyers have been identified by Lawdragon and Tremendous Attorneys.

Specifics OF THE Situation: In accordance to the lawsuit, defendants all through the Course Interval designed wrong and/or deceptive statements and/or unsuccessful to disclose that: (1) TaskUs was enduring severe economic pressure and business challenges, especially with its most important purchaser Facebook (2) the Articles Protection marketplace was smaller sized than defendants represented and defendants’ representations had been based mostly on out-of-date market place knowledge (3) TaskUs improperly identified earnings from specified essential contracts (4) defendants overstated the dimension of TaskUs’ workforce as well as staff retention charges, and understated attrition costs and (5) as a outcome of the foregoing, defendants’ good statements about the Firm’s business enterprise, functions, and prospective customers have been materially fake and deceptive and/or lacked a acceptable foundation. When the genuine details entered the market place, the lawsuit claims that traders suffered damages.

To sign up for the TaskUs course motion, go to https://rosenlegal.com/post-form/?situation_id=3647 or call Phillip Kim, Esq. toll-cost-free at 866-767-3653 or email [email protected] or [email protected] for information and facts on the class motion.

No Class Has Been Accredited. Until a course is qualified, you are not represented by counsel except you retain just one. You may decide on counsel of your decision. You may well also continue to be an absent class member and do nothing at this point. An investor’s skill to share in any probable long run recovery is not dependent on serving as guide plaintiff.

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Make contact with Data:

      Laurence Rosen, Esq.
      Phillip Kim, Esq.
      The Rosen Regulation Firm, P.A.
      275 Madison Avenue, 40th Flooring
      New York, NY 10016
      Tel: (212) 686-1060
      Toll No cost: (866) 767-3653
      Fax: (212) 202-3827
      [email protected]
      [email protected]
      [email protected]
      www.rosenlegal.com