NEW YORK, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Freshworks Inc. (NASDAQ:FRSH) on behalf of long-term stockholders following a class action complaint that was filed against Freshworks on November 1, 2022, with a Class Period from September 21, 2021 to November 1, 2022. Our investigation concerns whether the board of directors of Freshworks have breached their fiduciary duties to the company.
In September 2021, Freshworks completed its initial public offering ("IPO"), selling 28.5 million shares of common stock at $36 per share.
On February 10, 2022, Freshworks announced disappointing fourth quarter 2021 financial results, reporting ...