Edgio, Inc.: Company under investigation by the law firm of Portnoy – Edgio…

Edgio, Inc.: Company under investigation by the law firm of Portnoy – Edgio…

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investors can Contact the law firm for free to learn more about recovering their losses

LOS ANGELES, March 26, 2023 (GLOBE NEWSWIRE) — The law firm of Portnoy advises Edgio, Inc. EGIO Investors that the Company has launched an investigation into possible securities fraud and may be filing a class action lawsuit on behalf of investors. Edgio investors who have lost money investing are encouraged to do so Contact Lesley Portnoy, Esq.

Investors are encouraged to contact an attorney Lesley F Portnoyby phone 844-767-8529 or E-mail: lesley@portnoylaw.comto discuss your legal rights, or Click here to join the case about www.portnoylaw.com. Portnoy Law Firm can provide a free case assessment and discuss investors’ options for making claims to recover their losses.

Edgio issued a pre-market press release on March 13, 2023, stating that it would restate its 2020 and 2021 financial statements and 2021 and 2022 quarterly reports. The reason for this adjustment is an error in the revenue recognition of the Open Edge Solution, as reported by the Audit Committee. Because of this, the company might not file its annual report on time. This news caused Edgio’s share price to drop by 15% to close at $0.87 per share, hurting investors.

Please visit our website to verify further information and to submit your transaction information.

Portnoy Law Firm represents investors in asserting claims against companies caused by wrongdoing. The firm’s founding partner has recovered over $5.5 billion for aggrieved investors. attorney advertising. Previous results do not guarantee similar results.

Lesley F. Portnoy, Esq.
Bar Association in CA and NY
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com

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