SmartRent, Inc. (SMRT)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of SmartRent, Inc. (“SmartRent” or “the Company”) (NYSE: SMRT). Investors who purchased SmartRent securities are encouraged to obtain additional information and assist the investigation.
The investigation concerns whether SmartRent has violated federal securities laws.
On September 8, 2023, Bleeker Street Research (“BSR”) published a short report entitled “SmartRent (SMRT): This Could Be A Lock To Go To Zero”. The BSR report alleged, among other things, that the “smart” locks that the Company distributes “to large multi-family properties” are sourced from “a Croatian supplier that had a known security vulnerability” and quoted “[s]everal [employees] describ[ing] the company as a ‘mess’ with a ‘broken culture[.]’” On this news, SmartRent’s stock price fell sharply over the following trading sessions, damaging investors.
If you are aware of any facts relating to this investigation or purchased SmartRent securities, you can assist this investigation. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.
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Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
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Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
212-697-6484 | [email protected]