LPSN - Bragar Eagel & Squire P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against LivePerson EHang Blue Ridge Bankshares and Lovesac and Encourages Investors to Contact the Firm | Benzinga
NEW YORK, Jan. 14, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of LivePerson, Inc. (NASDAQ:LPSN), EHang Holdings Limited (NASDAQ:EH), Blue Ridge Bankshares, Inc. (NYSE:BRBS), and Lovesac Company (NASDAQ:LOVE). Stockholders have until the deadlines below to petition the court to serve as lead plaintiff. Additional information about each case can be found at the link provided.
LivePerson, Inc. (NASDAQ:LPSN)
Class Period: May 10, 2022 - March 16, 2023
Lead Plaintiff Deadline: January 30, 2024
According to the filed complaint, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company's disclosure controls and procedures contained a material weakness; (ii) accordingly, LivePerson maintained deficient internal controls over its financial reporting; (iii) as a result, LivePerson's Q3 2022 financial statements failed to disclose the suspension of WildHealth's Medicare reimbursements in connection with the Program and the resulting negative impact on the Company's future revenues; (iv) accordingly, LivePerson had overstated the Company's future financial position and/or prospects; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
For more information on the LivePerson class action go to: https://bespc.com/cases/LPSN