RADNOR, Pa., Dec. 20, 2022 (GLOBE NEWSWIRE) — The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is informing investors that a securities class action lawsuit has been filed against Freshworks Inc. (“Freshworks”) in the United States District Court for the Northern District of California. FRESH. The lawsuit alleges Freshworks violations of federal securities laws, including omissions and fraudulent misrepresentations regarding the company’s business, operations and prospects. As a result of Freshworks’ materially misleading public statements and omissions, investors in Freshworks have suffered significant losses.
CLICK HERE TO SUBMIT YOUR FRESHWORKS LOSSES. YOU CAN ALSO CLICK OR COPY AND PASTE THE FOLLOWING LINK INTO YOUR BROWSER: https://www.ktmc.com/new-cases/freshworks-inc?utm_source=PR&utm_medium=link&utm_campaign=freshworks&mktm=r
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LIMIT FOR THE PLAINTIFF: JANUARY 3, 2023
COURSE PERIOD: SEPTEMBER 22, 2021 TO NOVEMBER 1, 2022
CONTACT AN ATTORNEY TO DISCUSS YOUR RIGHTS:
Jonathan Naji, Esq. at (484) 270-1453 or email at info@ktmc.com
Kessler Topaz is one of the world’s leading advocates for protecting the public from corporate fraud and other wrongdoing. Our securities fraud litigators are consistently recognized individually as leaders in the field, and our firm is feared and respected by both the defense and the Insurance Board. We are proud to have recovered billions of dollars for our clients and the classes of shareholders we represent.
ALLEGED MISCONDUCT BY FRESHWORKS
Headquartered in San Mateo, California, Freshworks provides customer engagement software for businesses. On or about September 22, 2021, Freshworks completed its initial public offering, offering to the investing public 28.5 million shares of common stock at a price of $36 per share (the “Offer Price”). Freshworks anticipated gross proceeds of over $1 billion from the IPO.
According to the letter of admission and…
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