Class Action Notice - The Gross Law Firm is notifying shareholders of Five9 Inc (NASDAQ FIVN) who purchased shares between June 4 2024 and August 8 2024 about a potential class action lawsuit [2] - Shareholders are encouraged to register for the class action by February 3 2025 to potentially become a lead plaintiff [3] - Registered shareholders will receive case updates through portfolio monitoring software [3] Allegations Against Five9 - Five9 allegedly made false/misleading statements about its net new business being strong despite macroeconomic conditions [2] - The company reportedly faced challenges in bookings due to sales execution issues and lacked strong bookings momentum [2] - Five9 allegedly lacked sufficient information about existing customers going live to support claims of positive inflection in dollar-based retention rates [2] About The Gross Law Firm - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investor rights [4] - The firm specializes in cases involving deceit fraud and illegal business practices that lead to artificial stock inflation [4]
The Gross Law Firm Notifies Shareholders of Five9, Inc.(FIVN) of a Class Action Lawsuit and an Upcoming Deadline