Legal

Kuznicki Law PLLC Announces Class Action Lawsuit on Behalf of LivePerson, Inc. Shareholders

Published December 29, 2023

CEDARHURST, N.Y. — Shareholders of LivePerson, Inc. LPSN, a leader in conversational commerce solutions headquartered in New York, New York, are alerted to a class action lawsuit announcement by the securities litigation firm Kuznicki Law PLLC. The claim addresses investors who purchased shares of LPSN during the period from May 10, 2022, through March 16, 2023, known as the 'Class Period.' This legal action stems from allegations that the company may have issued materially misleading business information to the investing public.

Overview of LivePerson, Inc.

LivePerson, Inc. LPSN is recognized for pioneering conversational commerce technologies, enabling businesses to interact with consumers through messaging platforms effectively. Their innovative solutions have positioned them as significant contributors to the FinTech space, but recent issues have led to legal challenges for the corporation.

Details of the Class Action

The lawsuit by Kuznicki Law PLLC is moving forward on the behalf of shareholders who have experienced losses due to what is claimed to be misleading statements or omissions regarding the company's financial health and prospects. The focal period spans from May 10, 2022, to March 16, 2023, during which the firm alleges investors were not fully informed about the realities of LivePerson's operational status.

Legal Recourse for Shareholders

Investors who have acquired shares of LPSN within the specified Class Period and suffered from the subsequent decline in stock price may be entitled to participate in the lawsuit. The action pursued by Kuznicki Law PLLC aims to recover damages on behalf of aggrieved shareholders and hold the responsible parties to account for the alleged dissemination of false or misleading statements.

Investor Participation

Potential class members should be aware that there is a filing deadline for participation in the lawsuit. Affected shareholders are encouraged to stay informed about the proceedings and consider their legal options. Shareholders seeking to exercise their legal rights in connection with the class action can obtain further details by reaching out to the law firm directly.

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