Freshworks Class Action Lawsuit FRSH | Deadline January 3, 2023
Freshworks Class Action Lawsuit (FRSH Lawsuit)
Levi & Korsinsky, LLP announces that an FRSH class action lawsuit (Freshworks Class Action Lawsuit) has been filed on behalf of investors who purchased Freshworks Inc. (FRSH). This lawsuit is on behalf of persons and entities that purchased Freshworks common stock pursuant to and/or traceable to documents issued in connection with the Company’s initial public offering.
For more on the FRSH Lawsuit please contact us today.
According to the Freshworks lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: According to the complaint, the documents used to effectuate Freshworks’ initial public offering were false and misleading and omitted to state that, at the time of the initial public offering, the Company’s business had encountered obstacles.
As a result of these obstacles, Freshworks’ net dollar retention rate was plateauing, and its revenue growth rate and billings were decelerating.
To learn more about the FRSH lawsuit, contact us today.
If you suffered a loss in Freshworks you have until January 3, 2023, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
Do you own other shares?
Other Class Action Cases have deadlines ending soon. Here is the most up-to-date list.
Freshworks Class Action Lawsuit,
Freshworks Class Action,
FRSH Class Action Lawsuit,
FRSH Class Action,