Finance

Investors Alert: Perion Network Ltd. (PERI) Faces Securities Fraud Class Action; The Gross Law Firm Encourages Investors with Losses to Contact Before Deadline

Published May 11, 2024

Investors in Perion Network Ltd. PERI are being notified of a pending class action lawsuit alleging securities fraud. The lawsuit claims that Perion Network Ltd., a company offering advertising solutions internationally and headquartered in Holon, Israel, might have provided misleading information to the investing public. Affected investors are encouraged to get in touch with The Gross Law Firm to discuss their legal rights and potential claims before the deadline of June 17, 2024.

Importance of Class Action Lawsuits in Securities Fraud

Class action lawsuits are crucial for investors as they provide a means to achieve remediation for potential misrepresentations or fraudulent activities that could have affected the value of their investments. When a company like Perion Network Ltd. faces such allegations, it underscores the importance for investors to stay informed and consider their legal options promptly.

Microsoft Corporation's Standing as a Tech Giant

As a point of reference, investors also track performance and news of other influential tech companies, including Microsoft Corporation MSFT. Microsoft, an American multinational technology leader known for its extensive product lines such as the Microsoft Windows operating systems, Microsoft Office suite, and numerous consumer electronics including Xbox consoles and Surface PCs, stands tall in the industry. It is recognized as one of the Big Five US IT companies and ranked No. 21 in the 2020 Fortune 500. Perion Network Ltd.'s activities in the advertising space are often considered complementary to the technology and software landscape where Microsoft Corporation plays a dominant role.

How to Participate in the Class Action

Investors who have suffered losses in their Perion Network Ltd. PERI investments and are contemplating joining the class action lawsuit should contact The Gross Law Firm. Time is of the essence, and failure to act before the deadline may result in forfeiture of any potential compensation due to statute of limitations or other legal constraints.

Engaging with a reputable law firm can also provide investors with the necessary guidance and assistance to navigate the complexities of securities litigation, potentially recovering damages incurred from any proven misconduct by Perion Network Ltd.

PERI, MSFT, securities