Deadline on October 15th coming up in Lawsuit filed for Investors in shares of Pluralsight, Inc. (NASDAQ: PS)

The Shareholders Foundation announced that a deadline is coming up on October 15, 2019 in the lawsuit filed for certain investors of Pluralsight, Inc. (NASDAQ: PS) over alleged securities laws violations by Pluralsight, Inc.

Investors who purchased shares of Pluralsight, Inc. (NASDAQ: PS) have certain options and there are strict and short deadlines running. Deadline: October 15, 2019. NASDAQ: PS stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the Southern District of New York the plaintiff alleges on behalf of purchasers of Pluralsight, Inc. (NASDAQ: PS) common shares between August 2, 2018 and July 31, 2019, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between August 2, 2018 and July 31, 2019, the Pluralsight, Inc. failed to disclose that it was experiencing substantial delays in hiring and properly training the salesforce necessary to meet its lofty billing projections. In addition, Pluralsight, Inc. allegedly knew at the time of the SPO that it was behind schedule onboarding new sales representatives, which was hurting the Company’s sales execution and preventing Pluralsight from meeting its high growth projections. Instead of disclosing such facts at the time of the SPO, and to cash-out at inflated prices, Defendants intentionally obscured and omitted this pertinent information from investors.

Those who purchased shares of Pluralsight, Inc. (NASDAQ: PS) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.