Amplitude, Inc. Class Action Lawsuit - AMPL

The filed complaint alleges that Amplitude, Inc. made materially false and/or misleading statements and/or failed to disclose that: (a) Amplitude’s land-and-expand strategy was years away from significantly accelerating revenues among its newer client cohorts; (b) the rapid acceleration in the Company’s 2Q21 results resulted from the ephemeral effects of the COVID-19 pandemic which had not continued by the start of the class period, as Amplitude clients were expanding at a slower pace; and (c) as a result of (a)-(b) above, Amplitude’s business, operations, financial results, and prospects were materially worse than represented to investors during the class period.

In order to be eligible to join the AMPL class action lawsuit, you must have incurred a loss on shares of Amplitude purchased during the class period listed above.

If you suffered a loss in Amplitude during the relevant time frame or pursuant to the relevant offering(s), you have until April 15, 2024 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.