Finance

Kuznicki Law PLLC Announces Class Action Alert for Shareholders of Perion Network Ltd. - PERI

Published May 15, 2024

CEDARHURST, N.Y. — A significant advisory has been issued to investors of Perion Network Ltd. PERI, a provider of advertising solutions with global reach. The announcement comes from Kuznicki Law PLLC, a seasoned firm in the landscape of securities litigation. Shareholders who have acquired shares of PERI between the dates of February 9, 2021, and April 5, 2024, are the focal point of this alert, as potential legal action is on the horizon concerning possible violations of federal securities laws.

Background of Perion Network Ltd.

Rooted in Holon, Israel, Perion Network Ltd. serves a multitude of regions including North America and Europe, offering advanced advertising solutions that cater to the dynamic needs of brands, agencies, and publishers. Their business model is dedicated to driving both engagement and revenues in the competitive online advertising industry.

Implications for Shareholders

The litigation-focused communiqué by Kuznicki Law PLLC is important for stakeholders who are part of the PERI narrative within the stipulated timeframe. It gives rise to potential collective action, aiming at redressing grievances that may be linked to unforeseen losses due to actions or inactions by the company's management.

litigation, alert, shareholders