The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the United States District Court for the Northern District of California on behalf of investors who purchased Forescout Technologies, Inc. (NASDAQ: FSCT) securities between February 6, 2020 and May 15, 2020.
According to the Forescout lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Forescout was experiencing a significant and disproportionate decline in its financial performance; (2) the foregoing was reasonably likely to have a material negative impact on Forescout’s planned acquisition by Advent International Corp.; and (3) as a result of the foregoing, defendants’ statements about its business and operations were materially false and misleading at all relevant times.
If you suffered a loss in Forescout you have until August 10, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
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