EXFY - EXFY INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Expensify Inc. Investors with Substantial Losses Have Opportunity to Lead the Expensify Class Action Lawsuit | Benzinga
SAN DIEGO, Dec. 01, 2023 (GLOBE NEWSWIRE) -- - Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Expensify, Inc. (NASDAQ:EXFY) common stock pursuant and/or traceable to the offering documents issued in connection with Expensify's initial public offering conducted on or about November 11, 2021 (the "IPO"), have until January 29, 2024 to seek appointment as lead plaintiff of the Expensify class action lawsuit. Captioned Wilhite v. Expensify, Inc., No. 23-cv-01784 (D. Or.), the Expensify class action lawsuit charges Expensify and certain of its top executive officers and directors with violations of the Securities Act of 1933.
If you suffered substantial losses and wish to serve as lead plaintiff of the Expensify class action lawsuit, please provide your information here:
https://www.rgrdlaw.com/cases-expensify-inc-class-action-lawsuit-exfy.html
You can also contact attorney J.C. Sanchez of Robbins Geller by calling 800/449-4900 or via e-mail at jsanchez@rgrdlaw.com.
CASE ALLEGATIONS: Expensify provides a cloud-based expense management software platform to individuals, small businesses, and corporations in the United States and internationally.
The Expensify class action lawsuit alleges that the IPO's offering documents made false and/or misleading statements and/or failed to disclose that: (i) Expensify's revenue growth was highly susceptible to structural and macroeconomic headwinds; (ii) as a result, Expensify overstated the efficacy of its business model and the likelihood it would meet the long-term growth projections touted in ...