Press release
Deadline on January 3, 2023 coming up in Lawsuit for Investors in Freshworks Inc. (NASDAQ: FRSH)
A Deadline is coming up on January 3, 2023 in the lawsuit for certain investors in Freshworks Inc. (NASDAQ: FRSH).
Investors who purchased shares of Freshworks Inc. (NASDAQ: FRSH) have certain options and there are strict and short deadlines running. Deadline: January 3, 2023. NASDAQ: FRSH 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 Freshworks Inc. (NASDAQ: FRSH) common shares , that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that the Offering Documents used to effectuate Freshworks' IPO were false and misleading and omitted to state that, at the time of the offering, the Company's business had encountered obstacles, that as a result, Freshworks' net dollar retention rate was plateauing, and its revenue growth rate and billings were decelerating, and that as the truth about the Company's business reached the market, the value of its shares declined dramatically, causing Freshworks investors to suffer significant damages.
Those who purchased shares of Freshworks Inc. (NASDAQ: FRSH) have certain options and should contact the Shareholders Foundation.
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 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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