Press Release: Shapiro Haber & Urmy LLP Has Concluded That Legacy Matterport Shareholders May Have Valuable Claims Against Matterport, Inc.

Dow Jones08-23

Shapiro Haber & Urmy LLP Has Concluded That Legacy Matterport Shareholders May Have Valuable Claims Against Matterport, Inc.

PR Newswire

BOSTON, Aug. 22, 2024

BOSTON, Aug. 22, 2024 /PRNewswire/ -- This press release concerns Matterport (NASDAQ: MTTR) and valuable claims which some of its past and present shareholders may have against Matterport.

In July 2021, Matterport's predecessor, Legacy Matterport, became a public corporation via a business combination transaction with a SPAC. That business combination transaction entitled the shareholders of Legacy Matterport to receive public shares of the new publicly traded Matterport.

If you were a shareholder of the previously non-public Legacy Matterport who received shares of the new Matterport pursuant to the SPAC business combination in July 2021, you may have valuable claims against Matterport and may be entitled to significant money damages from Matterport in connection with the issuance to you of the new Matterport shares. You may have those claims whether you continue to own the new Matterport shares, or you have sold them.

If you wish to obtain additional information about your legal rights regarding this matter, please contact Ian McLoughlin at imcloughlin@shulaw.com or (617) 439-3939 or visit our website at http://www.shulaw.com/About-Us/Investigations/claims-of-legacy-shareholders-against-matterport-inc/.

About Shapiro Haber & Urmy LLP

Shapiro Haber & Urmy represents shareholders and consumers in class actions against corporate defendants, as well as shareholders in derivative actions on behalf of companies against their companies' officers and directors. Shapiro Haber & Urmy is based in Boston but litigates cases throughout the United States.

Contact

Ian J. McLoughlin

Shapiro Haber & Urmy LLP

imcloughlin@shulaw.com

Tel: (617) 439-3939

View original content:https://www.prnewswire.com/news-releases/shapiro-haber--urmy-llp-has-concluded-that-legacy-matterport-shareholders-may-have-valuable-claims-against-matterport-inc-302228852.html

SOURCE Shapiro Haber & Urmy LLP

(END) Dow Jones Newswires

August 22, 2024 12:54 ET (16:54 GMT)

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