Legal

Rosen Law Firm Urges Perion Network Investors to Act Before Class Action Deadline

Published May 12, 2024

Investors who have acquired shares of Perion Network Ltd. PERI, an international ad solutions provider, and Microsoft Corporation MSFT, a leading multinational technology company, should be attentive to recent legal updates. The Rosen Law Firm, recognized for championing investor rights globally, is reminding shareholders of PERI of a significant approaching deadline. Those who purchased stocks from February 9, 2021, to April 5, 2024, are urged to engage counsel prior to the June 17, 2024 cut-off for the securities class action.

Understanding the Legal Proceedings

Investors are prompted to act swiftly to participate in the legal pursuit directed by Rosen Law Firm. The class action seeks to address concerns regarding potential company misrepresentations that affected stock prices within the defined period. Engagement with competent legal counsel is advised to ensure shareholder rights are properly defended.

The Impact on Shareholders

Developments in securities litigation such as this could have a profound impact on shareholder value and the market behavior of the implicated stocks. This includes both PERI, with its primary business in advertising, and MSFT, known for its extensive range of consumer electronics, software, and related services — including industry staples such as Windows OS, Microsoft Office, and their range of hardware like Xbox and Surface devices.

About Microsoft Corporation and Perion Network Ltd.

With a prominent spot in the Fortune 500 list and status as the world's largest software maker by revenue, MSFT is a key player in the IT industry. Meanwhile, PERI continues to offer advertising solutions across various regions while being stationed out of Holon, Israel. The performance of these companies is of interest to investors globally due to their considerable market shares and influence in their respective sectors.

Investment, Deadline, Securities