Pomerantz LLP Announces Proposed Class Action Settlement on Behalf of Purchasers of Securities of LuxUrban Hotels Inc. – LUXHQ

A proposed class action settlement of $3,000,000 has been reached on behalf of purchasers of LuxUrban Hotels Inc. securities between May 9, 2023 and August 20, 2024. The settlement requires court approval at a hearing scheduled for September 8, 2026. Class members must submit claim forms by August 10, 2026 to be eligible for distribution from the settlement fund.