NEW ORLEANS, April 25, 2023 (GLOBE NEWSWIRE) — ClaimsFiler, a FREE shareholder information service, is reminding investors they have until June 23, 2023 to file lead plaintiff motions in a securities class action lawsuit against LivePerson, Inc. LPSNif they acquired the securities of the Company between May 10, 2022 and March 16, 2023 inclusive (the “Collection Period”). This lawsuit is pending in the United States District Court for the Eastern District of New York.

get help

LivePerson investors should visit us at https://claimsfiler.com/cases/nasdaq-lpsn/ or call toll free (844) 367-9658. Kahn Swick & Foti, LLC attorneys are available to discuss your legal options.

About the lawsuit

LivePerson and certain of its officers are alleged to have failed to disclose material information during the Class Period in violation of federal securities laws.

On March 16, 2023, the Company filed its 2022 Annual Report on Form 10-K for the year ended December 31, 2022, pre-market, stating: “due to certain control weaknesses, which summed up to a material weakness in the Company’s internal controls versus financial reporting, as further described below, our disclosure controls and procedures were not effective as of December 31, 2022.”

As a result of this news, LivePerson shares fell $5.64 per share, or 57.73%, to close at $4.13 per share on March 16, 2023.

The case is Straub v. LivePerson, Inc., et al., No. 23-cv-03078.

About ClaimsFiler

ClaimsFiler has a single mission: to serve as an information resource to help retail investors recover their share of billions of dollars in securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to access information and comparison websites for various securities class actions so that they can timely file their own claims; (2) upload their portfolio transaction data to be notified of relevant securities events in which they may have a financial interest; and (3) make inquiries to Kahn Swick & Foti, …