NEW YORK, June 05, 2023 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP notifies investors in LivePerson, Inc. (“LivePerson” or the “Company”) LPSN of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of LivePerson investors who were adversely affected by alleged securities fraud between May 10, 2022 and March 16, 2023. Follow the link below to get more information and be contacted by a member of our team:
LPSN investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) LivePerson failed to address any material weaknesses with internal controls; (2) LivePerson’s third quarter financial statements, ended in September 30, 2022 failed to disclose its subsidiary, WildHealth’s, suspension of Medicare reimbursement; (3) as a result, LivePerson’s fourth quarter 2022 revenue would be affected; and (4) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
WHAT’S NEXT? If you suffered a loss in LivePerson during the relevant time frame, you have until June 23, 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. There is no cost or obligation to participate.
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…
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