Former Louisiana Attorney General, Kahn Swick & Foti, LLC, is reminding investors who have suffered losses exceeding $100,000 of the upcoming lead plaintiff deadline in the class action lawsuit against Five9, Inc. The lawsuit, focusing on securities fraud, alleges that Five9 made misleading statements regarding its business operations and financial performance. Shareholders who purchased Five9 stock between May 10, 2021, and February 17, 2022, are encouraged to participate in the lawsuit.
Investors who meet the criteria have until April 4, 2022, to apply to be the lead plaintiff in the lawsuit. Lead plaintiffs are chosen to represent the interests of all investors affected by the alleged securities fraud. Five9 shareholders are advised to seek legal counsel and actively participate in the lawsuit to potentially recover their losses.
This news comes from a recent press release on Business Wire, highlighting the ongoing legal proceedings against Five9, Inc. Shareholders are urged to act promptly to ensure their interests are represented in the class action lawsuit.
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