{"id":950562,"date":"2026-04-10T15:46:09","date_gmt":"2026-04-10T19:46:09","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/five9-investigation-initiated-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-five9-inc-fivn-2\/"},"modified":"2026-04-10T15:46:09","modified_gmt":"2026-04-10T19:46:09","slug":"five9-investigation-initiated-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-five9-inc-fivn-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/five9-investigation-initiated-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-five9-inc-fivn-2\/","title":{"rendered":"Five9 Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Five9, Inc. – FIVN"},"content":{"rendered":"

<\/p>\n

Five9 Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Five9, Inc. – FIVN<\/p>\n

NEW YORK & NEW ORLEANS–(BUSINESS WIRE<\/a>)–Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti<\/a>, LLC (\u201cKSF\u201d), announces that KSF has commenced an investigation into Five9, Inc. (the \u201cCompany\u201d) (NasdaqGM: FIVN).<\/p>\n

On August 8, 2024, post-market, the Company announced its 2Q 2024 financial results, disclosing cuts to its annual revenue guidance and that it was \u201cno longer assuming\u201d a dollar based retention rate inflection in the second half of the year, due to \u201cconstrained and scrutinized\u201d customer budgets and \u201cuncertain economic conditions,\u201d among other factors, contrary to its prior representations regarding the purported strength of the Company’s net new business bookings and visibility into its installed customer base.<\/p>\n

Thereafter, the Company and certain of its executives were sued in a securities class action lawsuit, charging them with failing to disclose material information during the Class Period, violating federal securities laws. Recently, the Court presiding over the case denied the Company\u2019s motion to dismiss, allowing the case to move forward.<\/p>\n

KSF\u2019s investigation is focusing on whether Five9\u2019s officers and\/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws.<\/p>\n

If you have information that would assist KSF in its investigation, or have been a long-term holder of Five9 shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-833-938-0905 or email KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com<\/span><\/a>), or visit\u00a0https:\/\/www.ksfcounsel.com\/cases\/nasdaqgm-fivn\/<\/a> to learn more.<\/p>\n

About Kahn Swick & Foti, LLC<\/p>\n

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation\u2019s premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.<\/p>\n

TOP 10 Plaintiff Law Firms – According to ISS Securities Class Action Services<\/p>\n

To learn more about KSF, you may visit www.ksfcounsel.com<\/a>.<\/p>\n

CONNECT WITH US: Facebook<\/a> || Instagram<\/a> || YouTube<\/a> || TikTok<\/a> || LinkedIn<\/a><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260410841343\/en\/<\/a><\/span><\/p>\n

Kahn Swick & Foti, LLC
\n
Lewis Kahn, Managing Partner
\n
lewis.kahn@ksfcounsel.com<\/a>
1-877-515-1850
\n
1100 Poydras St., Suite 960
\n
New Orleans, LA 70163<\/p>\n

KEYWORDS:<\/b> Louisiana United States North America<\/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
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Five9 Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Five9, Inc. – FIVN NEW YORK & NEW ORLEANS–(BUSINESS WIRE)–Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (\u201cKSF\u201d), announces that KSF has commenced an investigation into Five9, Inc. (the \u201cCompany\u201d) (NasdaqGM: FIVN). On August 8, 2024, post-market, the Company announced its 2Q 2024 financial results, disclosing cuts to its annual revenue guidance and that it was \u201cno longer assuming\u201d a dollar based retention rate inflection in the second half of the year, due to \u201cconstrained and scrutinized\u201d customer budgets and \u201cuncertain economic conditions,\u201d among other factors, contrary to its prior representations regarding … <\/p>\n

Continue reading “Five9 Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Five9, Inc. – FIVN”<\/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-950562","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nFive9 Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Five9, Inc. - FIVN - 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\/five9-investigation-initiated-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-five9-inc-fivn-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Five9 Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Five9, Inc. - FIVN - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Five9 Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Five9, Inc. – FIVN NEW YORK & NEW ORLEANS–(BUSINESS WIRE)–Former Attorney General of Louisiana, Charles C. 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