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New York, New York–(Newsfile Corp. – January 20, 2025) – WHY: Rosen Law Firm, a global investment rights law firm, is reminding clients of the securities, including telephone options, of Five9, Inc. (NASDAQ: NASDAQ: ) between June 4, 2024 and August 8, 2024, both dates inclusive (the ” Class Period “), of which February 3, 2025 is the time to lead the plaintiff.
NOW: If you have purchased five Security during the Group period you may be entitled to compensation without having to pay any fees or expenses through the contingency fee arrangement.
WHAT YOU NEED TO DO: To join the Five9 team process, go to https://rosenlegal.com/submit-form/?case_id=32046 or call Phillip Kim, Esq. toll free at 866-767-3653 or email case@rosenlegal.com for information about a class action. A class action lawsuit has been filed. If you wish to act as the lead plaintiff, you must remove the Court before March 3, 2025. The lead plaintiff is the party representing the other members of the class to conduct the case.
WHY ROSEN LAW: We encourage investors to select qualified advisors with a track record of success in leadership roles. Oftentimes, the companies that issue the notices don’t have the experience, the resources, or any meaningful peer recognition. Most of these firms do not litigate securities class actions, but are simply brokers who refer clients or partner with law firms that litigate the cases. Be smart when choosing advice. The Rosen Law Firm represents investors worldwide, focusing its practice on securities class action and shareholder litigation. The Rosen Law Firm achieved the largest defense settlement against a Chinese Company at that time. Rosen Law Firm is ranked No. 1 is the ISS Securities Group Action (WA:) Services in the number of securities degrees in 2017. The firm has been ranked 4 every year since 2013 and has received hundreds of millions of dollars for investors. In 2019 alone, the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by Law360 as a Titan of Plaintiffs’ Bar. Most of the firm’s lawyers are recognized by Lawdragon and Super Lawyers.
FACTS OF THE CASE: According to the lawsuit, during the Class Period, the defendants made false and/or misleading statements and/or failed to disclose that: (1) Five9’s new business was not “potent despite macro” and was actually hampered by macro-economic issues such as restricted and closely watched consumer budgets; (2) Five9 was in a difficult accounting quarter due, in part, to sales and performance issues, and Five9 was not “seeing strong of bookkeeping”; and (3) the defendants did not have “enough information to track (their) existing customers who are still alive” such that claims that Five9 would see a positive change in its dollar savings rate were has no logical basis. When the real facts entered the market, the lawsuit alleges that investors were harmed.
To join the Five9 team process, go to https://rosenlegal.com/submit-form/?case_id=32046 or call Phillip Kim, Esq. toll free at 866-767-3653 or email case@rosenlegal.com for information about a class action.
No Group Guaranteed. Until the group is confirmed, you are not represented by a counselor unless you have reserved one. You can choose a consultant of your choice. You can remain a member of the missing group and do nothing at this point. The investor’s ability to contribute to future recovery does not depend on serving as the primary plaintiff.
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Advertising Attorney. Preliminary results do not guarantee a similar outcome.
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To view the source version of this release, please visit https://www.newsfilecorp.com/release/237896