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PR Newswire·

Kuehn Law Encourages Investors of Five9, Inc. to Contact Law Firm

  • Kuehn Law, PLLC is investigating whether Five9, Inc. (NASDAQ: FIVN) officers & directors breached fiduciary duties to shareholders.
  • A federal securities lawsuit alleges insiders misrepresented or failed to disclose that net new business was hampered by macroeconomic issues & constrained customer budgets.
  • The suit claims insiders failed to disclose a challenging bookings quarter due to sales execution issues & a lack of strong bookings momentum.
  • The complaint alleges insiders lacked sufficient information regarding existing customers going live, rendering claims of a positive inflection in dollar-based retention rate baseless.
  • Shareholders who purchased FIVN prior to February 21, 2024, are urged to contact Justin Kuehn, Esq. via email or phone at (833) 672-0814.
  • Kuehn Law covers all case costs & does not charge investor clients.