{"id":144834,"date":"2024-04-25T05:43:50","date_gmt":"2024-04-25T05:43:50","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=121516"},"modified":"2024-04-25T05:43:50","modified_gmt":"2024-04-25T05:43:50","slug":"top-ranked-rosen-law-firm-encourages-perion-network-ltd-investors-to-secure-counsel-before-important-deadline-in-securities-class-action-peri","status":"publish","type":"post","link":"https:\/\/lebanonnewsgazette.com\/top-ranked-rosen-law-firm-encourages-perion-network-ltd-investors-to-secure-counsel-before-important-deadline-in-securities-class-action-peri\/","title":{"rendered":"TOP RANKED ROSEN LAW FIRM Encourages Perion Network Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action \u2013 PERI"},"content":{"rendered":"
\n

NEW YORK, April 25, 2024 (GLOBE NEWSWIRE) —<\/p>\n

WHY: <\/strong>Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of common stock of Perion Network Ltd. (NASDAQ: PERI) between February 9, 2021 and April 5, 2024, both dates inclusive (the \u201cClass Period\u201d). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 17, 2024.<\/strong><\/p>\n

SO WHAT:<\/strong> If you purchased Perion common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.<\/p>\n

WHAT TO DO NEXT: <\/strong>To join the Perion class action, go to https:\/\/rosenlegal.com\/submit-form\/?case_id=24206<\/a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com<\/a> for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 17, 2024<\/strong>. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.<\/p>\n

WHY ROSEN LAW: <\/strong>We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs\u2019 Bar. Many of the firm\u2019s attorneys have been recognized by Lawdragon and Super Lawyers.<\/p>\n

DETAILS OF THE CASE: <\/strong>According to the lawsuit, defendants made false and\/or misleading statements and\/or failed to disclose that: (1) Perion\u2019s search advertising business was not a reliable and significant growth driver and was in fact in decline; (2) Perion\u2019s long-term relationship with Microsoft and search services agreement would not provide stability for Perion\u2019s search advertising business; (3) there was an increased risk of Microsoft acting to unilaterally change its advertising pricing and mechanisms to the detriment of Perion while the search services agreement was in place; (4) Perion\u2019s AI technology and Microsoft\u2019s investment in ChatGPT would not protect or grow Perion\u2019s search advertising revenue; and (5) based on the foregoing, defendants lacked a reasonable basis for their positive statements about Perion\u2019s search advertising business and related financial results, growth, and prospects. When the true details entered the market, the lawsuit claims that investors suffered damages.<\/p>\n

To join the Perion class action, go to https:\/\/rosenlegal.com\/submit-form\/?case_id=24206<\/a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com<\/a> for information on the class action.<\/p>\n

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor\u2019s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.<\/p>\n

Follow us for updates on LinkedIn: https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a>, on Twitter: https:\/\/twitter.com\/rosen_firm<\/a> or on Facebook: https:\/\/www.facebook.com\/rosenlawfirm\/<\/a>.<\/p>\n

Attorney Advertising. Prior results do not guarantee a similar outcome.<\/p>\n

Contact Information:<\/p>\n

Laurence Rosen, Esq.
\nPhillip Kim, Esq.
\nThe Rosen Law Firm, P.A.
\n275 Madison Avenue, 40th Floor
\nNew York, NY 10016
\nTel: (212) 686-1060
\nToll Free: (866) 767-3653
\nFax: (212) 202-3827
\ncase@rosenlegal.com<\/a>
\nwww.rosenlegal.com<\/a><\/p>\n

GlobeNewswire Distribution ID 9105627<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, April 25, 2024 (GLOBE NEWSWIRE) \u2014 WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of common stock of Perion Network Ltd. (NASDAQ: PERI) between February 9, 2021 and April 5, 2024, both dates inclusive (the \u201cClass Period\u201d). A class [\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2280,2584,17,53,343],"tags":[],"yoast_head":"\nTOP RANKED ROSEN LAW FIRM Encourages Perion Network Ltd. 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