NEW
YORK, Nov. 3, 2022 /PRNewswire/ -- Weiss Law, a
national shareholder rights law firm, is investigating possible
breaches of fiduciary duty and violations of the federal securities
laws by, among others, the Board of Directors and senior officers
of Freshworks Inc. (NASDAQ: FRSH) ("Freshworks" or the "Company")
concerning misleading statements and omissions connected with the
Company's initial public offering ("IPO").
If you own
Freshworks shares and wish to discuss this
investigation, or share information which you have, or if you have
any questions concerning this notice or your rights or interests,
visit our website at
https://www.weisslaw.co/news-and-cases/frsh
Or contact:
Josh Rubin,
Esq.
stocks@weisslaw.co
(212) 682-3025
THERE IS NO COST OR OBLIGATION TO YOU
On September 22, 2021, Freshworks
sold 28.5 million shares of its common stock at $36 per share in an IPO. Currently, the stock
trades more than 65% less than the IPO price, having dropped as low
as 70% below the IPO price. In the post-IPO period, the Company
reported only flat or decelerated growth, revenue, and billings.
Analysts have correspondingly significantly reduced their stock
price targets for the Company.
Weiss Law has litigated hundreds of stockholder class and
derivative actions for violations of corporate and fiduciary
duties. We have recovered over a billion dollars for defrauded
clients. For more information about the firm, please go to:
http://www.weisslaw.co
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SOURCE Weiss Law