NEW YORK, NY / ACCESSWIRE / September 25, 2022 / Pomerantz LLP is investigating claims on behalf of investors of WalkMe Ltd. ("WalkMe" or the "Company") (NASDAQ:WKME). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980.
The investigation concerns whether WalkMe and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On or around June 15, 2021, WalkMe conducted its initial public offering ("IPO"), selling 9.25 million shares of WalkMe stock priced at $31.00 per share. Then, on September 12, 2022, WalkMe issued a press release announcing the departure of the Company's Chief Financial Officer, Andrew Casey, stating that "[a]fter nearly three years of financial leadership, Casey is leaving to pursue another opportunity." Since the IPO, WalkMe's stock price has fallen sharply, damaging investors.
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SOURCE: Pomerantz LLP