{"id":740953,"date":"2023-03-16T20:45:01","date_gmt":"2023-03-17T00:45:01","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/lost-money-in-liveperson-inc\/"},"modified":"2023-03-16T20:45:01","modified_gmt":"2023-03-17T00:45:01","slug":"lost-money-in-liveperson-inc","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lost-money-in-liveperson-inc\/","title":{"rendered":"Lost Money in LivePerson, Inc.?"},"content":{"rendered":"

<\/p>\n

Lost Money in LivePerson, Inc.?<\/b><\/p>\n

Gibbs Law Group Investigates Potential Securities Law Violations<\/b><\/p>\n

OAKLAND, Calif.–(BUSINESS WIRE<\/a>)–
\nShares of LivePerson, Inc. dropped 57% on March 16, 2023, after reporting an unexpected fourth-quarter loss as Medicare suspended reimbursements to one of LivePerson\u2019s subsidiaries \u201cpending further governmental review.\u201d Gibbs Law Group is investigating a potential LivePerson, Inc. (LPSN) Securities Class Action Lawsuit on behalf of shareholders who lost money in LivePerson, Inc. (NASDAQ: LPSN).\n<\/p>\n

To speak with an attorney regarding this class action lawsuit investigation, click here<\/a> or call (888) 410-2925.<\/b><\/p>\n

\nOn Thursday, March 16, 2023, shares of customer service technology company LivePerson, Inc. dropped after the company published its fourth-quarter earnings results, showing both a revenue decline and earnings miss. The Company also disclosed that Medicare suspended reimbursements for WildHealth, one of its subsidiaries, \u201cpending further governmental review.\u201d LivePerson stated \u201c[w]hile the Company currently believes that the services rendered under the Program in the fourth quarter of 2022 were valid, in view of the inherent uncertainty as to the timing and amount of further reimbursement for services rendered under the Program, the Company has elected to take a reserve for revenue associated with services delivered under the Program in the fourth quarter of 2022 for which payment has not been collected.\u201d\n<\/p>\n

\nPreviously, on February 28, 2023, the day before the company was supposed to file its fourth-quarter earnings results, LivePerson filed an extension with the SEC to delay its 10-K report until March 16, 2023. LivePerson stated the reason for the delay was related to its acquisition of precision healthcare company WildHealth for $22 million last year and said it needed to conduct additional review of revenue recognition.\n<\/p>\n

\nFollowing this news, LivePerson\u2019s stock price dropped 57% on March 16, 2023, causing significant harm to investors.\n<\/p>\n

What Should LivePerson Investors Do?<\/b><\/p>\n

\nIf you invested in LivePerson, visit our website<\/a> or contact our securities team directly at (888) 410-2925 <\/b>to discuss how you may be able to recover your losses. Our investigation concerns whether LivePerson, Inc. has violated federal securities laws by providing false or misleading statements to investors.\n<\/p>\n

About Gibbs Law Group<\/b><\/p>\n

\nGibbs Law Group represents investors throughout the country in securities litigation<\/a> to correct abusive corporate governance practices, breaches of fiduciary duty, and proxy violations. The firm has recovered over a billion dollars for its clients against some of the world\u2019s largest corporations, and our attorneys have received numerous honors for their work, including \u201cBest Lawyers in America,\u201d \u201cTop Plaintiff Lawyers in California,\u201d \u201cCalifornia Lawyer Attorney of the Year,\u201d \u201cClass Action Practice Group of the Year,\u201d \u201cConsumer Protection MVP,\u201d and \u201cTop Women Lawyers in California.\u201d\n<\/p>\n

This press release may constitute Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/i><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230316005782\/en\/<\/a><\/span><\/p>\n

\nEILEEN EPSTEIN
\n
PHONE: 510.350.9728
\n
EMAIL: EJE@CLASSLAWGROUP.COM<\/a><\/p>\n

KEYWORDS:<\/b> United States North America California<\/p>\n

INDUSTRY KEYWORDS:<\/b> Class Action Lawsuit Professional Services Legal<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
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Lost Money in LivePerson, Inc.? Gibbs Law Group Investigates Potential Securities Law Violations OAKLAND, Calif.–(BUSINESS WIRE)– Shares of LivePerson, Inc. dropped 57% on March 16, 2023, after reporting an unexpected fourth-quarter loss as Medicare suspended reimbursements to one of LivePerson\u2019s subsidiaries \u201cpending further governmental review.\u201d Gibbs Law Group is investigating a potential LivePerson, Inc. (LPSN) Securities Class Action Lawsuit on behalf of shareholders who lost money in LivePerson, Inc. (NASDAQ: LPSN). To speak with an attorney regarding this class action lawsuit investigation, click here or call (888) 410-2925. On Thursday, March 16, 2023, shares of customer service technology company LivePerson, Inc. dropped after the company published its fourth-quarter earnings results, showing both a revenue decline and earnings miss. The Company … <\/p>\n

Continue reading “Lost Money in LivePerson, Inc.?”<\/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-740953","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nLost Money in LivePerson, Inc.? - 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\/lost-money-in-liveperson-inc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lost Money in LivePerson, Inc.? - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Lost Money in LivePerson, Inc.? Gibbs Law Group Investigates Potential Securities Law Violations OAKLAND, Calif.–(BUSINESS WIRE)– Shares of LivePerson, Inc. dropped 57% on March 16, 2023, after reporting an unexpected fourth-quarter loss as Medicare suspended reimbursements to one of LivePerson\u2019s subsidiaries \u201cpending further governmental review.\u201d Gibbs Law Group is investigating a potential LivePerson, Inc. (LPSN) Securities Class Action Lawsuit on behalf of shareholders who lost money in LivePerson, Inc. (NASDAQ: LPSN). To speak with an attorney regarding this class action lawsuit investigation, click here or call (888) 410-2925. On Thursday, March 16, 2023, shares of customer service technology company LivePerson, Inc. dropped after the company published its fourth-quarter earnings results, showing both a revenue decline and earnings miss. 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