ATLANTA, GA / ACCESSWIRE / November 28, 2022 / Holzer & Holzer, LLC informs investors that a class action lawsuit was filed against Freshworks Inc. ("Freshworks" or the "Company") (NASDAQ:FRSH). The lawsuit alleges Freshworks' Offering Documents, drafted in connection with its initial public offering, were negligently prepared and contrary to the Company's boasts regarding its "healthy" net dollar retention rates and year-over-year revenue growth rates, as Freshworks' net dollar retention rate had plateaued and revenue growth rate and billings were decelerating.
If you bought shares of Freshworks stock pursuant or traceable to the September 22, 2021 IPO and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey Holzer, Esq. at [email protected] or Joshua Karr, Esq. at [email protected], by toll-free telephone at (888) 508-6832 or you may visit the firm's website at https://holzerlaw.com/case/freshworks/ to learn more.
The deadline to ask the court to be appointed lead plaintiff in the case is January 3, 2022.
Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.
CONTACT:
Corey Holzer, Esq.
(888) 508-6832 (toll-free)
[email protected]
SOURCE: Holzer & Holzer, LLC