#United States #New York #Class Action #Gross Law Firm #Inc. #Five9

Shareholder Notice: Class Action Lawsuit Against Five9, Inc.

The Gross Law Firm is bringing to the attention of shareholders of Five9, Inc. (NASDAQ: FIVN) an important notice regarding a class action lawsuit and the impending deadline to register.

Important Details for Shareholders

Shareholders who acquired shares of Five9, Inc. during the class action period are urged to reach out to the Gross Law Firm. This is pivotal for shareholders who bought shares from June 4, 2024, to August 8, 2024. By contacting the firm, shareholders may initiate the process for potential lead plaintiff appointment in the lawsuit.

Why Should You Register?

Engaging in this class action offers shareholders the possibility of seeking restitution for any losses experienced through the alleged misleading statements made by Five9’s management during the class period. Notably, the allegations claim that Five9's assertions regarding their business performance lacked truthfulness and failed to address significant macroeconomic challenges affecting operational performance.

Allegations Detailed

The complaint underscores serious issues faced by Five9, including misleading claims that their net new business was robust, which contradicted the reality of constrained budgets among customers and challenges in bookings linked to sales execution inefficiencies. Furthermore, the assertions about the company's ability to improve its dollar-based retention rate were also claimed to be unfounded.

Deadline to Register

Shareholders are reminded that February 3, 2025 marks the official deadline for registering as part of this class action lawsuit. To secure your opportunity to participate, immediate registration is recommended. The Gross Law Firm guarantees that there are no costs or obligations associated with joining the class action.

Joining the Class Action Lawsuit

Once registered, shareholders will gain access to a comprehensive portfolio monitoring service. This service will keep them informed about case proceedings and milestones as the lawsuit develops.

The Gross Law Firm: Advocating for Shareholders

The Gross Law Firm is recognized for its dedication to safeguarding investor rights, especially regarding fraudulent corporate behavior. They remain committed to ensuring corporations adhere to sustainable and responsible business practices while providing avenues for recovery to impacted investors.

Contact Information

For shareholder inquiries, the Gross Law Firm is available:

• - Address: 15 West 38th Street, 12th Floor, New York, NY, 10018
• - Email: [email protected]
• - Phone: (646) 453-8903

Make sure your voice is heard—act quickly to position yourself in this vital shareholder initiative!

Conclusion

In light of the serious allegations against Five9, Inc., it is crucial for impacted shareholders to act without delay. The Gross Law Firm remains steadfast in its mission to protect shareholder rights. Ensure you secure your place in this class action lawsuit before the deadline lapses.

Stay informed, stay engaged, and don’t miss this opportunity to seek justice for corporate miscommunication and potential losses.