Everbridge, Inc. The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the United States District Court for the Central District of California on behalf of investors who purchased Everbridge, Inc. (NASDAQ: EVBG) common stock between November 4, 2019 and February 24, 2022.
According to the Everbridge lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Everbridge was experiencing integration problems with respect to several of its recent acquisitions; (2) the Company was using the revenues from these acquisitions to mask increasingly stagnant organic growth; and (3) the COVID pandemic was having a material impact on the size of the deals that Everbridge was able to obtain, negatively affecting the Company’s revenue growth.
If you suffered a loss in Everbridge you have until June 3, 2022 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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