Lead Plaintiff Deadline: January 03, 2023
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common stock pursuant to and/or traceable to documents issued in connection with the Company’s initial public offering
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.
In order to be included in the lawsuit, you must have incurred a loss on shares of Freshworks purchased or acquired during the class period listed above and/or pursuant to the stock offering(s) referenced above.
If you suffered a loss in Freshworks during the relevant time frame or pursuant to the relevant offering(s), you have until January 03, 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.