Levi & Korsinsky, LLP Reminds Shareholders of Lightspeed Commerce Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of January 18, 2022 – LSPD

NEW YORK, NY / ACCESSWIRE / December 26, 2021 / The following statement is issued by Levi & Korsinsky, LLP:

To: Any person or entity who has purchased or otherwise acquired Lightspeed Commerce Inc. securities. (“Speed ​​of Light”) (NYSE: LSPD) between September 11, 2020 and September 28, 2021. You will hereby be notified that a securities class action has been initiated in the United States District Court for the Eastern District of New York. For more information go to:

Lightspeed Commerce Inc. Loss Submission Form

or contact Joseph E. Levi, Esq. either by email at jlevi@levikorsinsky.com or by phone at (212) 363-7500. There are no costs or obligations for you.

Lightspeed Commerce Inc. NEWS – LSPD NEWS

CASE DETAILS: The complaint filed states: (i) Lightspeed had misrepresented the strength of its business by overstating customer numbers, gross transaction volume and the increase in average revenue per user, among other things, while obscuring the company’s declining organic growth and business deterioration became; (ii) Lightspeed had overestimated the benefits and value of the company’s various acquisitions; (iii) accordingly, the Company had overstated its financial condition and prospects; and (iv) as a result, the Company’s public statements at all relevant times have been materially false and misleading.

WHAT THIS MEANS FOR THE SHAREHOLDERS: If you suffered a loss in Lightspeed, you have up January 18, 2022 to request that the court appoint you as the lead plaintiff. Your ability to partake in a recovery does not require you to be the lead plaintiff.

NO COST TO YOU: If you purchased Lightspeed securities between September 11, 2020 and September 28, 2021, you may be entitled to compensation without paying any out-of-pocket expenses or fees.

PROTECT YOUR FINANCIAL INTERESTS: Fill out this short submission form https://www.zlk.com/pslra-1/lightspeed-commerce-inc-loss-submission-form?wire=1 or call 212-363-7500 to resolve the case with Joseph E. Levi. to discuss, Esq.

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WHY LEVI & KORSINSKY: Levi & Korsinsky have a proven record of winning hundreds of millions of dollars worth of cases for shareholders over a period of 20 years. We represent and fight for shareholders who have been disadvantaged by companies.

Levi & Korsinsky is a nationally recognized law firm with offices in New York, California, Connecticut and Washington, DC. The firm’s founding partners, Joseph Levi and Eduard Korsinsky, have represented shareholders and institutional clients for nearly 20 years and have had remarkable results for clients in the US and internationally. The company, with more than 70 employees, is committed to promoting, nurturing and maintaining a culture of diversity, equality and inclusion for employees and those we represent. Our attorneys have extensive experience representing investors in securities disputes with a track record of recovering hundreds of millions of dollars in cases. Levi & Korsinsky was ranked one of the leading securities litigation firms in the United States in the SCAS Top 50 Report by Institutional Shareholder Services (“ISS”) for 7 consecutive years. The SCAS Top 50 Report identifies the leading securities law firms in the country, and year on year ISS has recognized Levi & Korsinsky as the leading class of securities law firm.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

View source version on accesswire.com:
https://www.accesswire.com/678957/SHAREHOLDER-ALERT-Levi-Korsinsky-LLP-Reminds-Shareholders-of-Lightspeed-Commerce-Inc-of-a-Class-Action-Lawsuit-and-a-Lead- Plaintiffs-deadline-from-January-18-2022-LSPD

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