Levi & Korsinsky, LLP announces that a EVBG class action lawsuit has been filed on behalf of investors who purchased Everbridge, Inc. (EVBG) common stock between November 4, 2019 and February 24, 2022. For more on the EVBG Lawsuit please contact us today.
According to the Everbridge, Inc. lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Everbridge was experiencing integration problems with respect to several of its recent acquisitions; (2) the Company was using the revenues from these acquisitions to mask increasingly stagnant organic growth; and (3) the COVID pandemic was having a material impact on the size of the deals that Everbridge was able to obtain, negatively affecting the Company’s revenue growth.
If you suffered a loss in Everbridge, Inc. you have until June 3, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.