Pomerantz Law Firm Pursues Class Action Suit Against Perion Network Ltd.

NEW YORK, April 28, 2024 — Renowned legal firm Pomerantz LLP has made public the initiation of a class action lawsuit targeting Perion Network Ltd. PERI, an international provider of advertising solutions. This legal action arises amid allegations swaying the interest of certain investors connected with the company's operational and business conduct.

Details of the Class Action

The lawsuit encompasses individuals or entities who have invested in Perion Network Ltd. shares and have been potentially impacted by the company's practices and disclosures. Perion, headquartered in Holon, Israel, operates extensively in various global markets, including North America and Europe. With its focus on advertising solutions, the company aims to effectively serve brands, agencies, and publishers worldwide.

Instructions for Affected Investors

Investors in Perion who have concerns regarding their investments and the ramifications of the alleged corporate misdoings are urged to reach out to representative Danielle Peyton via email at email protected or through telephone at 646-581-9980, alternatively by dialing the toll-free line 888.4-POMLAW. These channels have been established to provide necessary counsel and facilitate any disclosures pertinent to the class action lawsuit.

Comparative Performance: Perion Network Ltd. and Microsoft Corporation

While this legal scrutiny unfolds, it is of note that PERI shares represent a distinct investment landscape compared to larger firms like Microsoft Corporation MSFT. Microsoft, known for its influential role in the global technology sphere — spanning from software creation to consumer electronics — signifies a diversified enterprise with substantial market capitalization and historical revenue achievements. Recognized as a leading entity among the technology giants, often referred to as the 'Big Five', Microsoft's performance and business model contrast with the specific focus and smaller scale of Perion's advertising-centric business.

Pomerantz, Perion, Microsoft