McCune Law Group, McCune Wright Arevalo Vercoski Kusel Weck Brandt APC (MLG) is investigating the need to bring a class action lawsuit on behalf of investors who may have suffered significant losses after purchasing Freshworks securities. According to complaints, Freshworks, Inc. claimed it had grown rapidly resulting in healthy net dollar retention rates. However, Freshworks allegedly did not experience the growth it had claimed. The company faced many obstacles that stifled their growth, once the truth emerged Freshworks shares dropped rapidly, severely damaging investors. Investors have until January 3, 2023, to seek out an appointment as lead plaintiff.
To read more about this case, view the press release here.