Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Five9, Inc. due to a class action lawsuit alleging breaches of fiduciary duties by the board of directors during a specified class period [1][2]. Group 1: Lawsuit Details - The class action complaint was filed on December 4, 2024, covering a class period from June 4, 2024, to August 8, 2024 [1]. - Allegations include that Five9's net new business was not strong and was negatively impacted by macroeconomic factors, including constrained customer budgets [2]. - The lawsuit claims that Five9 faced challenges in bookings due to sales execution issues and lacked sufficient information regarding customer retention rates, leading to misleading statements [2]. Group 2: Investor Information - Long-term stockholders of Five9 are encouraged to reach out for more information regarding the claims and their rights [3]. - The law firm offers assistance without any cost or obligation to the investors [3]. Group 3: Law Firm Background - Bragar Eagel & Squire, P.C. is a nationally recognized law firm that represents investors in various complex litigations across state and federal courts [4].
FIVE9 ALERT: Bragar Eagel & Squire, P.C. is Investigating Five9, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm