FRESHWORKS INC. Investors: Last Days to Actively Participate in the Class Action Lawsuit; January 3, 2023; Portnoy Law Firm
Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, Jan. 03, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises FRESHWORKS INC. ("the Company") (NASDAQ: FRSH) investors that a class action has been filed on behalf of investors. FRSH investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: email@example.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pursuing claims to recover their losses.
According to the complaint, on or about September 22, 2021, Freshworks conducted its IPO, offering 28.5 million shares of its common stock to the investing public of $36 per share. The complaint alleges that Freshworks made false and/or misleading statements in its registration Statements and Prospectus. Specifically, the complaint alleges that Freshworks failed to disclose that its business had encountered significant obstacles, including the plateau of its net retention rate and deceleration of its revenue growth and billings. As the truth emerged, the value of Freshworks shares significantly declined, harming investors.
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The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm's founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar