AMPL - AMPL 8-DAY DEADLINE ALERT: Hagens Berman National Trial Attorneys Encourages Amplitude (AMPL) Investors with Substantial Losses to Contact Firm's Attorneys Before Apr. 15th Deadline in Securities Class Action | Benzinga

SAN FRANCISCO, April 07, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Amplitude, Inc. (NASDAQ:AMPL) investors who suffered substantial losses during the Class Period to submit your losses now.

Class Period: Sept. 21, 2021 – Feb. 16, 2022
Lead Plaintiff Deadline: Apr. 15, 2024
Visit: www.hbsslaw.com/investor-fraud/AMPL
Contact An Attorney Now: AMPL@hbsslaw.com
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Amplitude, Inc. (NASDAQ:AMPL) Securities Fraud Class Action:

The litigation focuses on Amplitude's assurances that its "land-and-expand" business model (whereby it grew revenue by upselling existing clients on increased usage and new products) would continue to support revenue growth acceleration.

The complaint alleges that Amplitude made misleading statements and failed to disclose that: (1) Amplitude's land-and-expand strategy was years away from significantly accelerating revenues among its newer client cohorts; and (2) the rapid acceleration in Amplitude's Q2 2021 results was due to the short-lived effects of ...

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