Legal

Kahn Swick & Foti, LLC Announces Lead Plaintiff Deadline in LivePerson Shareholder Class Action Lawsuit

Published January 21, 2024

A recent announcement has been made by the law firm Kahn Swick & Foti, LLC, led by a former Louisiana Attorney General, targeting investors who have faced significant losses with LivePerson, Inc. - LPSN. The notice pertains to a pending class action lawsuit against the conversational commerce solutions provider, which is based in New York, New York. The law firm has issued a reminder to shareholders who have lost more than $100,000 to step forward by the specified lead plaintiff deadline.

Understanding the Allegations

The class action suit represents investors who feel aggrieved by potential violations of federal securities laws by LivePerson, Inc. Allegations within the lawsuit suggest that the company may have provided misleading business information to the public, which in turn could have affected the investment decisions made by the shareholders.

Legal Recourse for Investors

Shareholders who have incurred substantial losses exceeding the $100,000 threshold are being urged by Kahn Swick & Foti, LLC to consider participating in the lawsuit as a lead plaintiff. Participation is deemed crucial as the deadline looms, thus requiring prompt action from those who wish to play a significant role in this legal battle. The purpose of a lead plaintiff is to represent the interests of all class members in directing the lawsuit.

About LivePerson, Inc.

LPSN - LivePerson, Inc. specializes in offering comprehensive conversational commerce solutions, which aim to transform how businesses engage with consumers. The strategies deployed by the company utilize advanced messaging and AI-driven technologies to facilitate seamless communication and transaction processes between businesses and their customers.

lawsuit, shareholder, alert