Press release
NASDAQ: EXFY NOTICE: Deadline on Jan. 29th coming up in Lawsuit that was filed for Investors who lost money with shares of Expensify, Inc.
A Deadline is coming up on January 29, 2024 in the lawsuit for certain investors in Expensify, Inc. (NASDAQ: EXFY).
Investors who purchased shares of Expensify, Inc. (NASDAQ: EXFY) have certain options and there are strict and short deadlines running. Deadline: January 29, 2024. NASDAQ: EXFY stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
According to the complaint filed in the U.S. District Court for the District of Oregon the plaintiff alleges on behalf of purchasers of Expensify, Inc. (NASDAQ: EXFY) common shares , that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that the Offering Documents that were filed in connection with the Company's IPO made false and/or misleading statements and/or failed to disclose that: Expensify's revenue growth was highly susceptible to structural and macroeconomic headwinds, that as a result, the Company overstated the efficacy of its business model and the likelihood it would meet the long-term growth projections touted in the Offering Documents, that accordingly, the Company's post-IPO financial position and/or business prospects were overstated, and that as a result, Defendants' statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Those who purchased shares of Expensify, Inc. (NASDAQ: EXFY) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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