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Deadline on Nov. 18th upcoming in Lawsuit for Investors in Slack Technologies, Inc. (NYSE: WORK)

10-29-2019 05:40 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A Deadline is coming up on November 18, 2019 in the lawsuit for certain investors in Slack Technologies, Inc. (NYSE: WORK).

A Deadline is coming up on November 18, 2019 in the lawsuit for certain investors in Slack Technologies, Inc. (NYSE: WORK).

The Shareholders Foundation announced that a deadline is coming up on November 18, 2019 in the lawsuit filed for certain investors of Slack Technologies, Inc. (NYSE: WORK) over alleged securities laws violations by Slack Technologies, Inc.

have certain options and there are strict and short deadlines running. Deadline: November 18, 2019. NYSE: WORK 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 Northern District of California the plaintiff alleges on behalf of purchasers of Slack Technologies, Inc. (NYSE: WORK), that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that the defendants failed to disclose to investors that the Company’s Slack Platform was susceptible to recurring service-level disruptions, that such disruptions were increasingly likely to occur as the Company scaled its services to a larger user base, that the Company provides credits even if a customer was not specifically affected by service-level disruptions, that, as a result, any service-level disruptions would have a material adverse impact on the Company’s financial results, and that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

Those who purchased shares of Slack Technologies, Inc. (NYSE: WORK) 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.

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