Class Action Reports

FRSH Class Action: Learn About the Freshworks Lawsuit

Levi & Korsinsky, LLP

November 3, 2022

Levi & Korsinsky, LLP announces that an FRSH class action lawsuit has been filed on behalf of investors who purchased Freshworks Inc.(FRSH) This lawsuit is on behalf of persons and entities that purchased Freshworks common stock pursuant to and/or traceable to documents issued in connection with the Company’s initial public offering. For more on the FRSH Lawsuit please contact us today.

 

 

According to the Freshworks lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: According to the complaint, the documents used to effectuate Freshworks’ initial public offering were false and misleading and omitted to state that, at the time of the initial public offering, the Company’s business had encountered obstacles. As a result of these obstacles, Freshworks’ net dollar retention rate was plateauing, and its revenue growth rate and billings were decelerating.

 

TO LEARN MORE ABOUT THE FRSH CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Freshworks you have until January 3, 2023, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com