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LivePerson, Inc. Faces Class Action Lawsuit Over Alleged Misleading Statements

Shareholders Urged to File Lead Plaintiff Applications by January 30, 2024 Amid Claims of Deficient Internal Controls and Non-Disclosure of Material Information

Overview

  • LivePerson, Inc. is facing a class action lawsuit for allegedly issuing materially false and/or misleading statements and failing to disclose material information.
  • The lawsuit alleges that LivePerson maintained deficient internal controls over its financial reporting.
  • LivePerson's Q3 2022 financial statements allegedly failed to disclose the suspension of WildHealth's Medicare reimbursements, negatively impacting the company's future revenues.
  • Shareholders who purchased LivePerson's securities between May 10, 2022, and March 16, 2023, are encouraged to file lead plaintiff applications by January 30, 2024.
  • Several law firms, including Kuznicki Law PLLC, The Gross Law Firm, and Bragar Eagel & Squire, P.C., are notifying shareholders and offering assistance.