{"id":709535,"date":"2022-11-10T05:49:28","date_gmt":"2022-11-10T10:49:28","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/frsh-lawsuit-alert-levi-korsinsky-notifies-freshworks-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline\/"},"modified":"2022-11-10T05:49:28","modified_gmt":"2022-11-10T10:49:28","slug":"frsh-lawsuit-alert-levi-korsinsky-notifies-freshworks-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/frsh-lawsuit-alert-levi-korsinsky-notifies-freshworks-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline\/","title":{"rendered":"FRSH LAWSUIT ALERT: Levi &amp; Korsinsky Notifies Freshworks Inc. Investors of a Class Action Lawsuit and Upcoming Deadline"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">NEW YORK<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Nov. 10, 2022<\/span><\/span> \/PRNewswire\/ &#8212; Levi &amp; Korsinsky, LLP notifies investors in <b>Freshworks Inc.<\/b> (&#8220;Freshworks&#8221; or the &#8220;Company&#8221;) (NASDAQ: FRSH) of a class action securities lawsuit.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1687309\/LK_1920x1080_Logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1687309\/LK_1920x1080_Logo.jpg\" title=\"Levi &amp; Korsinsky, LLP (PRNewsfoto\/Levi &amp; Korsinsky, LLP)\" alt=\"Levi &amp; Korsinsky, LLP (PRNewsfoto\/Levi &amp; Korsinsky, LLP)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\n        <b>CLASS DEFINITION: <\/b>The lawsuit seeks to recover losses on behalf of Freshworks investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of persons and entities that purchased Freshworks common stock pursuant to and\/or traceable to documents issued in connection with the Company&#8217;s initial public offering. Follow the link below to get more information and be contacted by a member of our team:<\/p>\n<p>\n        <a href=\"https:\/\/www.zlk.com\/pslra-1\/freshworks-class-action-loss-submission-form?prid=33506&amp;wire=4\" rel=\"nofollow\">https:\/\/www.zlk.com\/pslra-1\/freshworks-class-action-loss-submission-form?prid=33506&amp;wire=4<\/a>\n      <\/p>\n<p>\n        <b>FRSH<\/b>\u00a0investors may also contact <span class=\"xn-person\">Joseph E. Levi, Esq.<\/span> via email <a href=\"mailto:at\u00a0jlevi@levikorsinsky.com\u00a0or\" rel=\"nofollow\">at\u00a0jlevi@levikorsinsky.com\u00a0or<\/a> by telephone at (212) 363-7500.<\/p>\n<p>\n        <b>CASE DETAILS: <\/b>According to the complaint, the documents used to effectuate Freshworks&#8217; initial public offering were false and misleading and omitted to state that, at the time of the initial public offering, the Company&#8217;s business had encountered obstacles. As a result of these obstacles, Freshworks&#8217; net dollar retention rate was plateauing, and its revenue growth rate and billings were decelerating.<\/p>\n<p>\n        <b>WHAT&#8217;S NEXT? <\/b>If you suffered a loss in Freshworks during the relevant time frame, you have until <b><span class=\"xn-chron\">January 3, 2023<\/span><\/b>\u00a0to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn&#8217;t require that you serve as a lead plaintiff.<\/p>\n<p>\n        <b>NO COST TO YOU: <\/b>If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. <b>There is no cost or obligation to participate.<\/b><\/p>\n<p>\n        <b>WHY LEVI &amp; KORSINSKY: <\/b>Over the past 20 years, the team at Levi &amp; Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi &amp; Korsinsky has ranked in ISS Securities Class Action Services&#8217; Top 50 Report as one of the top securities litigation firms in <span class=\"xn-location\">the United States<\/span>.<\/p>\n<p>\n        <b>CONTACT:<\/b><br \/>\n        <br \/>Levi &amp; Korsinsky, LLP <br \/><span class=\"xn-person\">Joseph E. Levi, Esq.<\/span><br \/><span class=\"xn-person\">Ed Korsinsky, Esq.<\/span><br \/>55 Broadway, 10th Floor<br \/><span class=\"xn-location\">New York, NY<\/span> 10006<br \/><a href=\"mailto:jlevi@levikorsinsky.com\" rel=\"nofollow\">jlevi@levikorsinsky.com<\/a><br \/>Tel: (212) 363-7500<br \/>Fax: (212) 363-7171<br \/><a href=\"http:\/\/www.zlk.com\" rel=\"nofollow\">www.zlk.com<\/a><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY32285&amp;sd=2022-11-10\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow noopener\" href=\"https:\/\/www.prnewswire.com\/news-releases\/frsh-lawsuit-alert-levi--korsinsky-notifies-freshworks-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-301673946.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/frsh-lawsuit-alert-levi&#8211;korsinsky-notifies-freshworks-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-301673946.html<\/a><\/p>\n<p>SOURCE  Levi &amp; Korsinsky, LLP<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY32285&amp;Transmission_Id=202211100545PR_NEWS_USPR_____NY32285&amp;DateId=20221110\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK , Nov. 10, 2022 \/PRNewswire\/ &#8212; Levi &amp; Korsinsky, LLP notifies investors in Freshworks Inc. (&#8220;Freshworks&#8221; or the &#8220;Company&#8221;) (NASDAQ: FRSH) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Freshworks investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of persons and entities that purchased Freshworks common stock pursuant to and\/or traceable to documents issued in connection with the Company&#8217;s initial public offering. Follow the link below to get more information and be contacted by a member of our team: https:\/\/www.zlk.com\/pslra-1\/freshworks-class-action-loss-submission-form?prid=33506&amp;wire=4 FRSH\u00a0investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com\u00a0or by telephone at (212) 363-7500. CASE DETAILS: According to the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/frsh-lawsuit-alert-levi-korsinsky-notifies-freshworks-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;FRSH LAWSUIT ALERT: Levi &amp; Korsinsky Notifies Freshworks Inc. Investors of a Class Action Lawsuit and Upcoming Deadline&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-709535","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FRSH LAWSUIT ALERT: Levi &amp; Korsinsky Notifies Freshworks Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/frsh-lawsuit-alert-levi-korsinsky-notifies-freshworks-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FRSH LAWSUIT ALERT: Levi &amp; Korsinsky Notifies Freshworks Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK , Nov. 10, 2022 \/PRNewswire\/ &#8212; Levi &amp; Korsinsky, LLP notifies investors in Freshworks Inc. (&#8220;Freshworks&#8221; or the &#8220;Company&#8221;) (NASDAQ: FRSH) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Freshworks investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of persons and entities that purchased Freshworks common stock pursuant to and\/or traceable to documents issued in connection with the Company&#8217;s initial public offering. Follow the link below to get more information and be contacted by a member of our team: https:\/\/www.zlk.com\/pslra-1\/freshworks-class-action-loss-submission-form?prid=33506&amp;wire=4 FRSH\u00a0investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com\u00a0or by telephone at (212) 363-7500. CASE DETAILS: According to the &hellip; Continue reading &quot;FRSH LAWSUIT ALERT: Levi &amp; Korsinsky Notifies Freshworks Inc. Investors of a Class Action Lawsuit and Upcoming Deadline&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/frsh-lawsuit-alert-levi-korsinsky-notifies-freshworks-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-10T10:49:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/1687309\/LK_1920x1080_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/frsh-lawsuit-alert-levi-korsinsky-notifies-freshworks-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/frsh-lawsuit-alert-levi-korsinsky-notifies-freshworks-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"FRSH LAWSUIT ALERT: Levi &amp; Korsinsky Notifies Freshworks Inc. 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CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Freshworks investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of persons and entities that purchased Freshworks common stock pursuant to and\/or traceable to documents issued in connection with the Company&#8217;s initial public offering. Follow the link below to get more information and be contacted by a member of our team: https:\/\/www.zlk.com\/pslra-1\/freshworks-class-action-loss-submission-form?prid=33506&amp;wire=4 FRSH\u00a0investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com\u00a0or by telephone at (212) 363-7500. CASE DETAILS: According to the &hellip; Continue reading \"FRSH LAWSUIT ALERT: Levi &amp; Korsinsky Notifies Freshworks Inc. 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