NEW YORK, NY / ACCESSWIRE / September 13, 2019 / Zhang Investor Law announces the filing of a class action lawsuit on behalf of shareholders who bought shares of Pluralsight, Inc. (PS) between August 2, 2018 and July 31, 2019 inclusive (the “Class Period”).
If you wish to serve as lead plaintiff, you must move the Court no later than October 15, 2019. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
To join the class action, go http://zhanginvestorlaw.com/join-action-form/?slug=pluralsight-inc&id=2000 or call Sophie Zhang, Esq. toll-free at 800-991-3756 or email email@example.com for information on the class action.
According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Pluralsight was experiencing sales execution challenges which impacted its billings; (2) Pluralsight was experiencing substantial delays in hiring and properly training its salesforce that would be necessary to meet its lofty billing projections; (3) Pluralsight was behind on the onboarding of new sales representatives which was causing sales execution issues and preventing the Company from meeting its high growth projections; and (4) as a result, Pluralsight’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
A class has not been certified. You may retain counsel of your choice. You may take no action at this time and be an absent class member. Your ability to obtain a recovery is not dependent upon being a lead plaintiff.
Zhang Investor Law represents investors worldwide. Attorney Advertising. Prior results do not guarantee similar outcomes.
Zhang Investor Law P.C.
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New York, New York 10005
tel: (800) 991-3756
SOURCE: Zhang Investor Law P.C.
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