Five9 Requests to Dismiss Class Action Filed by Investors
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Court: N.D. California
Case: 5:24-cv-08725
Five9 has requested the court to dismiss the lawsuit filed by investors. The court will determine whether the case proceeds.
What is this lawsuit about?
On August 8, 2024, Five9 lowered its revenue forecast due to weak bookings and sales challenges.
Following this, 
FIVN dropped over 26%.
Then, on December 4, 2024, shareholders filed a claim against Five9.
What can you do to recover your losses now?
We’re keeping track of all updates and will notify FIVN investors about potential recovery.
More than 600 companies are currently facing securities class action lawsuits, and over 100 are already paying settlements. Connect your brokerage account to automatically check which ones you may have missed.