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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.
  • The lawsuit alleges insiders misrepented that net new business was strong irrespective of macro conditions when it was actually hampered by constrained customer budgets.
  • Five9 allegedly failed to disclose a challenging bookings quarter caused by sales execution & efficiency issues & a lack of strong bookings momentum.
  • Insiders allegedly lacked sufficient information regarding existing customers going live, rendering claims about a positive inflection in dollar-based retention rates baseless.
  • Shareholders who purchased FIVN prior to February 21, 2024, are urged to contact Sophia Anne Silayan at sophiaanne@kuehn.law or (833) 672-0814.
  • Kuehn Law covers all case costs & charges no fees to investor clients.
  • Justin Kuehn, Esq. is the lead contact at Kuehn Law, PLLC in Southampton, NY.