NEW YORK, Feb. 19, 2023 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, PC, a nationally recognized shareholder rights law firm, is reminding investors that class action lawsuits have been initiated on behalf of Allianz SE shareholders ALIZAtlassian Corporation Plc TEAMPLDT Inc. PHIand Global Payments, Inc. GPN. Shareholders have until the deadlines below to petition the court to be lead plaintiff. For more information on each case, see the link provided.

Allianz SE ALIZ

Class period: March 9, 2018 – May 17, 2022

Lead Plaintiff Deadline: April 3, 2023

The Complaint alleges that during the Class Period, the Defendants made materially false and/or misleading statements and/or failed to disclose the following: (1) Allianz did not have effective internal controls; (2) the Allianz subsidiary was involved in significant fraudulent activities; (3) as a result, Allianz faced an increased risk of regulatory scrutiny; (4) as a result, Allianz faced an increased risk of significant losses and financial costs; and (5) as a result, Defendants’ public statements were materially false and misleading at all relevant times. As the true details emerged, the lawsuit alleges that investors suffered damage.

For more information on Allianz’s class action lawsuit, please visit: https://bespc.com/cases/ALIZY

Atlassian Corporation Plc TEAM

Class Period: August 5, 2022 – November 3, 2022

Lead Plaintiff Deadline: April 4, 2023

Atlassian develops and sells collaboration and project management software that can be operated both on-premises and in the cloud. The company generates most of its revenue from its software products, Jira Software and Confluence. The Company generates revenue primarily from license subscriptions from both free users, who become paid customers when they exceed the free license cap, and existing paying users, who extend their existing subscriptions. In 2020, Atlassian began migrating its customers to the cloud, which is a rapidly growing…