NEW YORK, NY / ACCESSWIRE / December 19, 2023 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Okta, Inc. ("Okta" or "the Company") (NASDAQ:OKTA). Investors who purchased Okta securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/okta.
The investigation concerns whether Okta has violated federal securities laws.
Investigation Details:
On November 28, 2023, Okta disclosed that hackers who breached the Company's network in September stole information on all users of Okta's customer support system-a scope significantly larger than the 1% of customers that Okta previously said were affected. Then, on November 29, 2023, Okta announced its financial results for the third quarter of 2023. Among other items, Okta predicted revenue growth of at least 10% for fiscal year 2025, missing analyst expectations of 15%. Following these disclosures, Okta's stock price fell $5.56 per share, or 7.66%, over two trading sessions, closing at $67.05 per share on November 30, 2023.
What's Next?
If you are aware of any facts relating to this investigation or purchased Okta securities, you can assist this investigation by visiting the firm's site: bgandg.com/okta. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.
There is No Cost to You
We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman:
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
332-239-2660 | info@bgandg.com
SOURCE: Bronstein, Gewirtz and Grossman, LLC
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