New York, New York--(Newsfile Corp. - July 2, 2024) - Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of LivePerson, Inc. (NASDAQ: LPSN) breached their fiduciary duties to shareholders.
According to a federal securities lawsuit, LivePerson insiders caused the company to (i) maintain a significant deficiency in its disclosure controls and procedures; (ii) as a consequence, LivePerson's internal controls over financial reporting were inadequate; (iii) therefore, the financial statements for Q3 2022 did not include information about the halt of WildHealth's Medicare reimbursements related to the Program and its adverse effects on the company's forthcoming revenue; (iv) consequently, LivePerson had exaggerated the company's prospective financial condition and/or outlook; and (v) due to these issues, the public statements made by the company were incorrect and misleading throughout the pertinent periods.
If you are a long-termLPSNstockholder please contact Justin Kuehn, Esq. by email at justin@kuehn.law or call (833) 672-0814. The consultation and case are free with no obligation to you. Kuehn Law pays all case costs and does not charge its investor clients.Shareholders should contact the firm immediately as there may be limited time to enforce your rights.
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For additional information, please visit Shareholder Derivative Litigation - Kuehn Law.
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Contacts:
Kuehn Law, PLLC
Justin Kuehn, Esq.
53 Hill Street, Suite 605
Southampton, NY 11968
justin@kuehn.law
(833) 672-0814
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/215228