Shares between November 30, 2021 and January 27, 2022, inclusive (the “Class Period”). This lawsuit is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired LivePerson securities between November 30, 2021 and January 27, 2022, inclusive (the “Class Period”), seeking to recover damages caused by Defendants’ violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder. If you are a shareholder who suffered a loss, click here to participate.
LivePerson is a global leader in conversational commerce solutions. LivePerson serves over 18,000 businesses, including Fortune 500 companies, and facilitates over 100 million conversations per month. LivePerson’s AI-powered conversational platform enables businesses to create meaningful connections with their customers by providing real-time assistance, personalized messaging, and other direct-to-consumer communication solutions.
The complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) LivePerson’s services were not functioning as expected; (2) there were significant delays in implementations; (3) as a result, LivePerson’s third-party partner program revenues were overstated; and (4) as a result, Defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm’s site: bgandg.com/lpsn or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in LivePerson you have until April 18, 2022 to request that the Court appoint you as lead plaintiff. A lead plaintiff acts on behalf of all other class members in directing the litigation. The lead plaintiff can select a law firm of its choice. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions in lawsuits, we have an extensive history of representing investors, consumers, and entities in class action litigation. For more information, please visit our website: bgandg.com. You can also call Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484.
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