Investor Alert: Lead Plaintiff Deadline Approaching in Perion Network Class Action Lawsuit

On May 8, 2024, out of New Orleans, the shareholder information service ClaimsFiler issued a reminder to investors holding shares in Perion Network Ltd. PERI. ClaimsFiler highlighted that those who have experienced a loss of over $100,000 must submit lead plaintiff applications by June 17, 2024, as part of the securities class action lawsuit against the company. Perion Network, headquartered in Holon, Israel, provides innovative advertising solutions across North America, Europe, and globally.

The Lawsuit and Its Implications for Shareholders

The class action lawsuit alleges that Perion Network Ltd. may have disseminated misleading business information to the public, affecting shareholder investments negatively. The lawsuit aims to represent shareholders who have faced considerable financial losses and seeks to recover compensatory damages on their behalf. As the deadline approaches, investors are urged to come forward to apply for the position of lead plaintiff in the case.

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