SAN DIEGO, Nov. 25, 2024 /PRNewswire/ — Robbins LLP reminds investors that a class action was filed on behalf of all persons and entities who purchased or otherwise acquired United Parcel Service, Inc. (NYSE: UPS) securities between January 30, 2024 and July 22, 2024. UPS is a multinational parcel delivery and supply chain management solutions company operating in more than 200 countries and territories.

For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.

The Allegations: Robbins LLP is Investigating Allegations that United Parcel Service, Inc. (UPS) Misled Investors Regarding its Business Prospects

According to the complaint, during the class period, defendants created the false impression that they possessed reliable information pertaining to the Company’s projected revenue outlook and anticipated growth while also minimizing risk from seasonality and macroeconomic fluctuations. In truth, UPS’ optimistic reports of growth, plans to handle volume variability, upcoming profit growth, and consistent claims that the first quarter would present the worst margins of the fiscal year fell short of reality; the Company was not truly equipped to handle a volume surge without causing a corresponding significant decline in their operating margin.

Plaintiff alleges that the truth emerged on July 23, 2024, when UPS announced its financial results for the second quarter of fiscal 2024, provided lower-than-expected guidance for the third quarter, and reduced its margin guidance for the full fiscal year 2024. The Company attributed its results and lowered guidance on the shift in “U.S. volume mix both in terms of product and customer segmentation . . . toward value products.”  On this news, the price of UPS common stock fell from $145.18 per share on July 22, 2024, to close at $127.68 per share on July 23, 2024, a decline of $17.50 per share, or about 12.05% according to the complaint.

What Now: You may be eligible to participate in the class action against United Parcel Service, Inc. Shareholders who want to serve as lead plaintiff for the class must submit their application to the court by December 9, 2024. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation.  You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here.

All representation is on a contingency fee basis. Shareholders pay no fees or expenses. 

About Robbins LLP: Some law firms issuing releases about this matter do not actually litigate securities class actions; Robbins LLP does. A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002.  Since our inception, we have obtained over $1 billion for shareholders.

To be notified if a class action against United Parcel Service, Inc. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today.

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

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SOURCE Robbins LLP

KINGSPORT, Tenn., Nov. 25, 2024 /PRNewswire/ — Saunas Direct Co, a leader in high-quality saunas and wellness solutions, is transforming the home wellness industry with a bold commitment to affordability, exceptional craftsmanship, and unrivaled customer support. Offering innovative sauna technology and exclusive perks such as a Lifetime Warranty on all products, Saunas Direct Co is empowering customers to bring the luxury of spa-like relaxation into their homes.

“At Saunas Direct, we don’t just sell saunas. We provide an experience – one that prioritizes our customers’ well-being and satisfaction above all else,” said Joshua Newman, spokesperson for Saunas Direct Co. “With unmatched value, unbeatable warranties, and personalized support, we’re redefining what it means to shop for home wellness solutions.”

As an authorized dealer of the most trusted brands in the sauna industry, Saunas Direct Co ensures that every product is built to meet the highest standards of quality. Saunas are crafted using eco-certified materials and advanced heating technologies, reflecting a dedication to sustainability and innovation. With the ongoing Black Friday Clearance Sale offering up to 55% off retail prices, customers have the unique opportunity to transform their homes into wellness retreats at unprecedented savings.

What sets Saunas Direct Co apart is its unwavering commitment to customer satisfaction, exemplified by the exclusive Lifetime Warranty included with every sauna purchase. This warranty, a reflection of the company’s confidence in the durability and quality of its products, provides customers with the assurance that their investment is protected for life. “Our Lifetime Warranty isn’t just a benefit; it’s a promise,” the spokesperson added. “We want our customers to feel confident knowing they’re making a decision that’s backed for life.” Additional details about the Lifetime Warranty and other unique perks are available on the company’s About Us page at SaunasDirect.co.

Shopping with Saunas Direct Co is designed to be effortless and enjoyable. The company’s streamlined website, SaunasDirect.co, allows customers to explore an extensive range of saunas, including infrared, traditional, and outdoor models. Each sauna is thoughtfully curated to cater to different wellness needs and preferences, providing an easy and enjoyable shopping experience.

The company’s dedication to service is further reflected in its fast and reliable shipping options. Currently, 90% of products are in stock and ready to ship within two to three weeks, ensuring customers receive their saunas quickly. Furthermore, Saunas Direct Co offers free installation by certified professionals, allowing customers to enjoy their purchase without the stress of setup. For those seeking additional information or assistance, the company encourages shoppers to utilize the live chat feature to confirm availability, inquire about shipping timelines, and unlock exclusive deals.

At its core, Saunas Direct Co is driven by a passion for improving lives through wellness. Each sauna in its collection is designed to provide physical rejuvenation and mental relaxation, promoting a holistic approach to health and well-being. From cutting-edge features like True Wave™ infrared heating technology to sustainably sourced materials, every detail reflects the company’s commitment to delivering premium products that stand the test of time.

As a family-owned business based in Kingsport, Tennessee, Saunas Direct Co has built a reputation for excellence, earning the trust of thousands of customers nationwide. The combination of high-quality products, affordable pricing, and exceptional service has established the company as a leader in the sauna industry.

“Our customers choose us because we care,” said the spokesperson. “From the moment they browse our site to the first time they use their sauna, we’re with them every step of the way. Wellness isn’t just a product for us – it’s a lifestyle.”

Saunas Direct Co invites customers to learn more about its offerings, discover current deals, and begin their wellness journey by visiting the company’s homepage at SaunasDirect.co or reaching out via the Contact Us page. With its unwavering focus on quality, value, and service, Saunas Direct Co is setting a new standard in the sauna industry, empowering customers to experience wellness like never before.

About Saunas Direct Co

Saunas Direct Co was founded with the mission of making wellness accessible to everyone. As an authorized dealer of the industry’s most respected brands, the company delivers products of the highest quality at unbeatable prices. With offerings like free shipping, professional installation, and an exclusive Lifetime Warranty, Saunas Direct Co. is redefining the home wellness experience for customers across the United States.

For more information, visit www.saunasdirect.co.

Media Contact:
Joshua Newman
Saunas Direct Co
Email: info@saunasdirect.co

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