NEW YORK, NY / ACCESSWIRE / February 22, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Qualys, Inc. ("Qualys" or the "Company") (NASDAQ:QLYS). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
The investigation concerns whether Qualys and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On February 5, 2024, Morgan Stanley outlined material topline risks to Qualys resulting from Microsoft's plan to end its partnership with Qualys. Microsoft is estimated to account for at least 5-10% of Qualys's revenue.
On this news, Qualys's stock price fell $19.63 per share, or 10.45%, to close at $168.24 per share on February 5, 2024.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered billions of dollars in damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
SOURCE: Pomerantz LLP
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