SAN DIEGO, April 17, 2024 (GLOBE NEWSWIRE) -- Robbins LLP informs investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired Perion Network Ltd. (NASDAQ:PERI) common stock between February 9, 2021 and April 5, 2024. Perion is a global technology company that provides digital advertising solutions to brands, agencies, and publishers in North America, Europe, and internationally.
For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.
The Allegations: Robbins LLP is Investigating the Allegations that Perion Network Ltd. (PERI) Misled Investors Regarding its Business Prospects
According to the complaint, during the class period, defendants failed to disclose that: (1) Perion's search advertising business was not a reliable and significant growth driver and was in fact in decline; (2) Perion's long-term relationship with Microsoft and search ...