Yext Lawsuit
Company: Yext, Inc.
Ticker: (NYSE) YEXT
Deadline
Passed
Lead Plaintiff Deadline: August 16, 2022
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Allegations
(i) Yext’s revenue and earnings were significantly deteriorating because of, among other things, poor sales execution and performance, as well as COVID-19 related disruptions; (ii) accordingly, Yext was unlikely to meet consensus estimates for its full year fiscal 2022 financial results and fiscal 2023 outlook; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.