New York, New York–(Newsfile Corp. – December 29, 2024) – WHY: The Rosen Law Firm, a global investor rights law firm, advises clients on the securities, including call options, of Five9, Inc. (NASDAQ: NASDAQ: ) between June 4, 2024 and August 8, 2024, both dates inclusive (the “Class Period”), for material February 3, 2025 is the plaintiff's deadline.
AND THEN: If you purchased 59 securities during the Class Period you may be entitled to a refund with no out-of-pocket costs or expenses through the default fee arrangement.
NEXT TO DO: To join the Five9 class action, go to https://rosenlegal.com/submit-form/?case_id=32046 or call Phillip Kim, Esq. call toll free at 866-767-3653 or email case@rosenlegal.com for information about the class action. A class action lawsuit has already been filed. If you wish to act as a lead plaintiff, you must move the Court no later than February 3, 2025. The lead plaintiff is the party that represents the other class members in managing the lawsuit.
WHY THE LAW CAME OUT: We encourage investors to select qualified advisors with a track record of success in leadership roles. Often times, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these companies don't really need security practices, but are middlemen who refer clients or partners to law firms that litigate cases. Be wise in choosing counsel. The Rosen Law Firm represents investors worldwide, focusing its practice on securities class actions and shareholder litigation. The Rosen Law Firm won the largest ever securities settlement for a Chinese company at the time. The Rosen Law Firm was ranked Level 1 by ISS Securities Action (WA:) Services for the number of securities class action settlements in 2017. The firm has been ranked in the top 4 every year since 2013 and has received hundreds of millions of dollars from investors. In 2019 alone the company secured over $438 million from investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of the Spot Bar. Many of the firm's lawyers are accredited by Lawdragon and Top Lawyers.
CREDIT DETAILS: According to the lawsuit, during the Class Action, the defendants made false and/or misleading statements and/or failed to disclose that: (1) Fi59's new business was not “regardless of size” and, in fact, was prevented. macroeconomic factors such as constrained and audited consumer budgets; (2) Fi59 was in the midst of a challenging booking quarter due, in part, to marketing and operational issues, and Five9 was not seeing “strong booking momentum”; and (3) defendants lacked “sufficient information in terms of (their) existing customers to survive” such that reports that Five9 would see positive fluctuations in the dollar's savings rate were without reasonable basis. When the true information enters the market, the lawsuit claims that investors suffer damages.
To join the Five9 class action, go to https://rosenlegal.com/submit-form/?case_id=32046 or call Phillip Kim, Esq. call toll free at 866-767-3653 or email case@rosenlegal.com for information about the class action.
No Class is guaranteed. Until the class is confirmed, you are not represented by counsel unless you have retained one. You can choose the advice of your choice. You can remain a member of the missing class and do nothing for now. The investor's ability to share in any future recovery is not dependent on serving as the lead plaintiff.
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Marketing Lawyer. Previous results do not confirm the same result.
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