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Investigation announced for Investors who lost money with LivePerson, Inc. (NASDAQ: LPSN) over potential Wrongdoing

08-22-2023 05:37 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in LivePerson, Inc. (NASDAQ: LPSN) shares.

An investigation on behalf of current long term investors in LivePerson, Inc. (NASDAQ: LPSN) shares.

An investigation was announced for investors in shares of LivePerson, Inc. (NASDAQ: LPSN) concerning potential breaches of fiduciary duties by certain directors and officers of LivePerson,, Inc.

Investors who are current long term investors in LivePerson, Inc. (NASDAQ: LPSN) shares, 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 for current long term investors in NASDAQ: LPSN stocks follows a lawsuit filed against LivePerson, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: LPSN stocks, concerns whether certain LivePerson, Inc. directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Eastern District of New York the plaintiff alleges that the defendants made materially false and/or misleading statements and/or failed to disclose that LivePerson failed to address any material weaknesses with internal controls, that LivePerson's third quarter financial statements, ended in September 30, 2022 failed to disclose WildHealth's suspension of Medicare reimbursement, as a result, that LivePerson's fourth quarter 2022 revenue would be affected, and that as a result, Defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

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