New York, New York--(Newsfile Corp. - November 25, 2022) - Levi & Korsinsky, LLP notifies investors in Freshworks Inc. ("Freshworks" or the "Company") FRSH of a class action securities lawsuit.
The lawsuit on behalf of Freshworks investors has been commenced in the the United States District Court for the Northern District of California. 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. Follow the link below to get more information and be contacted by a member of our team:
https://www.zlk.com/pslra-1/freshworks-class-action-loss-submission-form?prid=34046&wire=5
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.
Freshworks Inc. NEWS - FRSH NEWS
CASE DETAILS: 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.
WHAT THIS MEANS TO SHAREHOLDERS: If you suffered a loss in Freshworks during the relevant timeframe, 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.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. Discuss your rights with our legal team without cost or obligation.
PROTECT YOUR FINANCIAL INTERESTS: Complete this brief submission form https://www.zlk.com/pslra-1/freshworks-class-action-loss-submission-form?prid=34046&wire=5 or call 212-363-7500 to discuss the case.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/145716
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