Legal

Investor Alert: Deadline Approaching in LivePerson, Inc. (LPSN) Class Action Lawsuit

Published January 9, 2024

Investors who have acquired shares in LivePerson, Inc. LPSN are on notice as the deadline for participating in a class action lawsuit nears. Glancy Prongay & Murray LLP ('GPM') has issued a reminder that January 30, 2024, is the last day for eligible investors to file a lead plaintiff motion. This legal action relates to allegations that LivePerson, Inc. may have provided misleading business information to the investing public.

Understanding the Legal Proceedings Against LivePerson, Inc.

Based in New York, New York, LivePerson, Inc. specializes in offering conversational commerce solutions. The class action suit has been brought on behalf of investors who feel aggrieved by potential misrepresentations made by the company. The lawsuit claims that LivePerson, Inc.'s officers and directors may have failed to disclose material adverse facts about the company's business operations and prospects.

The Implications for LPSN Shareholders

For investors who have purchased or otherwise come into possession of LPSN shares, the legal case presents an avenue to seek restitution should the allegations prove substantial and if they have resulted in financial losses. Those with a significant financial interest in the lawsuit are particularly being called upon to file for the lead plaintiff position, which has a direct role in shaping the litigation process.

Shareholders are urged to mark the January 30, 2024 deadline on their calendars and act promptly to protect their rights. Participation in the class action lawsuit can have a considerable impact on the outcome and any potential recovery.

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