Back to Newsroom
Back to Newsroom

Levi & Korsinsky Announces an Investigation on Behalf of Adobe Inc. (ADBE) Shareholders Who May Have Been Affected by Fraud

Tuesday, 22 October 2024 11:30 AM

Levi & Korsinsky, LLP

NEW YORK, NY / ACCESSWIRE / October 22, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Adobe Inc. ("Adobe Inc.") (NASDAQ:ADBE) concerning possible violations of federal securities laws.

Adobe issued a press release on September 12, 2024, reporting financial results for the third quarter of its fiscal year 2024. Although Adobe reported net new annual recurring revenue of $44 million, exceeding guidance, its fourth quarter outlook fell short of consensus estimates by approximately $21 million.

Following this news, Adobe's stock price fell over 8% on September 13, 2024. To obtain additional information, go to:

https://zlk.com/pslra-1/adobe-inc-lawsuit-submission-form-2?prid=109205&wire=1

or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212)363-7500.

WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected]
Tel: (212)363-7500
Fax: (212)363-7171
https://zlk.com/

SOURCE: Levi & Korsinsky, LLP

Topic:
Class Action
Back to newsroom
Back to Newsroom

Contact Us Today


If you have questions or want to learn more about our products, our team’s here to help!

Share by: