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Investigation for Investors in NASDAQ: LPSN shares over potential Securities Laws Violations by LivePerson, Inc. announced

02-25-2020 04:03 PM CET | Politics, Law & Society

Press release from: Shareholders Foundation

An investigation for investors in LivePerson, Inc. (NASDAQ: LPSN) shares over potential securities laws violations by LivePerson.

An investigation for investors in LivePerson, Inc. (NASDAQ: LPSN) shares over potential securities laws violations by LivePerson.

An investigation was announced concerning potential securities laws violations by LivePerson, Inc. in connection with certain financial statements.

Investors who purchased shares of LivePerson, Inc. (NASDAQ: LPSN), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether a series of statements by LivePerson, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

New York based LivePerson, Inc. provides mobile and online business messaging solutions that power digital communication between brands and consumers.

On November 7, 2019, LivePerson, Inc. reported its third quarter 2019 financial results for the quarter ended September 30, 2019 and said it expected a net loss per share of $0.35 til $0.40 in the fourth quarter of 2019 and a net loss per share of $1.45 to $1.51 per share for the full year 2019.

On February 13, 2020, after the market closed, in connection with issuing fourth quarter 2019 financial results, LivePerson, Inc. reported a fourth quarter loss of $0.43 per share for the quarter compared to a loss of $0.11 per share in the fourth quarter of 2018 and missing the Company's prior forecast. Similarly, LivePerson reported a loss of $1.53 per share for the full year 2019, which also missed the Company's prior forecast.

Shares of LivePerson, Inc. (NASDAQ: LPSN) declined from $44.02 per share on January 22, 2020 to as low as $31.55 per share on February 20, 2020.

Those who purchased shares of LivePerson, Inc. (NASDAQ: LPSN), 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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