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Deadline on July 18th coming up in Lawsuit for Investors in Pegasystems Inc. (NASDAQ: PEGA) Investor Alert: Deadline in Lawsuit on July 18, 2022

07-02-2022 02:11 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A Deadline is coming up on July 18, 2022 in the lawsuit for certain investors in Pegasystems Inc. (NASDAQ: PEGA).

A Deadline is coming up on July 18, 2022 in the lawsuit for certain investors in Pegasystems Inc. (NASDAQ: PEGA).

A deadline is coming up on July 18, 2022 in the lawsuit filed for certain investors of Pegasystems Inc. (NASDAQ: PEGA) over alleged securities laws violations by Pegasystems Inc.

Investors who purchased shares of Pegasystems Inc. (NASDAQ: PEGA) have certain options and there are strict and short deadlines running. Deadline: July 18, 2022. NASDAQ: PEGA 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 Eastern District of Virginia the plaintiff alleges on behalf of purchasers of Pegasystems Inc. (NASDAQ: PEGA) common shares between May 29, 2020, and May 9, 2022, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between May 29, 2020 and May 9, 2022, the defendants made materially false and misleading statements throughout the Class Period, including by failing to disclose that Pegasystems had misappropriated trade secrets to better compete against Appian, a principal competitor, that the Defendants' product development and associated success was, in significant part, not the result of its own research and product testing but rather the result of corporate espionage and trade secret theft, and that Defendants had engaged in a scheme to steal Appian trade secrets, which was not only known to, but carried out through, the personal involvement of the Company's CEO

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

Contact:
Christopher Clausen
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 lawsuits, 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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