Finance

Rosen Law Firm Advocates for PERI Shareholders Ahead of Class Action Deadline

Published May 5, 2024

In an effort to protect investor interests, Rosen Law Firm, a leading global investor rights law practice, has issued a reminder to the shareholders of PERI Perion Network Ltd., concerning the impending deadline for participation in a securities class action lawsuit. This lawsuit pertains to individuals who acquired the common stock of Perion Network Ltd. during the period between February 9, 2021, and April 5, 2024, marking a critical juncture for these investors.

Implications for Perion Network Investors

Investors who have purchased PERI Perion Network Ltd. stock within the specified 'Class Period' have until June 17, 2024, to apply to be the lead plaintiff in the class action lawsuit. PERI Perion Network Ltd., with a corporate base in Holon, Israel, is internationally recognized for providing sophisticated advertising solutions that cater to brands, agencies, and publishers across North America and Europe. The lawsuit aims to address the concerns of affected shareholders during the indicated timeframe.

Why Microsoft Corporation MSFT Shareholders Should Take Note

Although the current class action is concentrated on PERI Perion Network Ltd., shareholders of other technology companies like MSFT Microsoft Corporation might observe the proceedings with interest. Known for its significant impact on the technology sector with products such as Windows operating systems, the Office suite, and the Surface range of devices, MSFT Microsoft Corporation has consistently maintained a leadership position in the software industry. Given its dominance and influence seen in its inclusion in the Big Five of the U.S. IT landscape, developments in investor-related lawsuits such as the one faced by PERI can resonate with MSFT stakeholders.

Investment, Deadline, Lawsuit