Finance

Kuznicki Law PLLC Highlights Class Action Deadline for LivePerson, Inc. Shareholders

Published December 29, 2023

The law firm of Kuznicki Law PLLC has issued an important notice for all shareholders of LivePerson, Inc. LPSN, a company specializing in conversational commerce solutions and headquartered in New York, New York. The firm is bringing attention to a class-action lawsuit on behalf of investors who purchased LivePerson's securities during the period from May 10, 2022, to March 16, 2023, which is designated as the "Class Period". This legal step is a critical development for shareholders involved with LPSN during the specified timeframe.

Understanding the Case

The premise of this class-action lawsuit is underpinned by the allegations that LivePerson, Inc. may have provided misleading business information to the investing public, potentially harming shareholders who invested based on incomplete or inaccurate disclosures. Shareholders who acquired shares within the declared Class Period are urged to pay particular attention to the approaching deadline for filing a claim to participate in the class action.

Important Deadline Notification

Kuznicki Law PLLC emphasizes that there is a filing deadline for shareholders who wish to act as lead plaintiff in the class-action lawsuit. Those investors require swift action to ensure they comply with legal timelines and protect their rights. Any shareholders who are contemplating participating in the lawsuit or have queries regarding their legal options or interests in the case are encouraged to reach out at the earliest possibility.

Legal Recourse for Shareholders

The class action posits a recourse for shareholders who believe they have been economically affected by the alleged misconduct of LivePerson, Inc. If the court rules in favor of the plaintiffs, shareholders who are part of the class action could potentially recover compensatory damages that would address losses incurred as a result of the alleged misleading statements or omissions.

About LivePerson, Inc.

LivePerson, Inc. operates within the FinTech sector, providing advanced conversational commerce solutions to businesses, enabling them to interact with customers in a more intuitive and dynamic way. The technologies developed by LivePerson have been pivotal in transforming customer engagements into a more personalized experience.

Litigation, Securities, Alert