An investigation on behalf of current long term investors in LivePerson, Inc. (NASDAQ:LPSN) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 09/01/2023 -- Certain directors of LivePerson, Inc. are under investigation over potential breaches of fiduciary duties.
Investors who are current long term investors in LivePerson, Inc. (NASDAQ: LPSN) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for investors in NASDAQ: LPSN stocks follows a lawsuit filed against LivePerson, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: LPSN stocks, concerns whether certain LivePerson, Inc. directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that the defendants made materially false and/or misleading statements and/or failed to disclose that LivePerson failed to address any material weaknesses with internal controls, that LivePerson's third quarter financial statements, ended in September 30, 2022 failed to disclose WildHealth's suspension of Medicare reimbursement, as a result, that LivePerson's fourth quarter 2022 revenue would be affected, and that as a result, Defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Those who purchased shares of LivePerson, Inc. (NASDAQ: LPSN) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.