Yext, Inc. Investors: Class action lawsuit filed on behalf of investors; the Portnoy Law Firm | News

Investors can contact the law firm at no cost to learn more about recovering their losses

LOS ANGELES, July 05, 2022 (GLOBE NEWSWIRE) — The Portnoy Law Firm advises Yext, Inc. (“Yext” or the “Company”) (NYSE: YEXT) investors that a class action has been filed on behalf of investors. Yext investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq.

Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.

The filed complaint alleges that defendants made false statements and/or concealed that: (i) Yext’s revenue and earnings were significantly deteriorating because of, among other things, poor sales execution and performance, as well as COVID-19 related disruptions; (ii) accordingly, Yext was unlikely to meet consensus estimates for its full year fiscal 2022 financial results and fiscal 2023 outlook; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.

Please visit our website to review more information and submit your transaction information.

The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggregated investors. Attorney advertising. Prior results do not guarantee similar outcomes.

Lesley F. Portnoy, Esq.

Admitted CA and NY Bar

[email protected]

310-692-8883

www.portnoylaw.com

Attorney Advertising

Copyright 2022 GlobeNewswire, Inc.

Comments are closed.