Skip to main content

YEXT LOSSES ALERT: Bernstein Liebhard LLP Announces Investigation of Yext, Inc., and Encourages Investors with Losses to Contact the Firm.

NEW YORK, NY / ACCESSWIRE / December 10, 2019 / Bernstein Liebhard, a nationally acclaimed investor rights law firm, is investigating potential securities fraud claims on behalf of shareholders of Yext, Inc. ("Yext" or the "Company") (NYSE:YEXT) resulting from allegations that Yext might have issued misleading information to the investing public.

If you purchased Yext securities, and/or would like to discuss your legal rights and options please visit Yext Shareholder Investigation or contact Matthew E. Guarnero toll free at (877) 779-1414 or MGuarnero@bernlieb.com.

On August 29, 2019, Yext reported Second Quarter Fiscal 2020 results for the three months ending July 31, 2019. The Company announced that it would be launching Yext Answers ("Answers") with the mission of "Perfect Answers Everywhere."

On December 5, 2019, after the market closed, Yext reported its Third Quarter Fiscal 2020 results, which included lower projected revenue for the Full Year Fiscal 2020 in the range of $296.5 million to $298.5 million. The Company revealed to shareholders that the launch of Answers during the third quarter, "did delay our deal cycles."

Following the news, Yext's common stock fell about $2.34 per share, more than 14%, to close at $14.26 per share on December 6, 2019.

If you purchased Yext securities, and/or would like to discuss your legal rights and options please visit https://www.bernlieb.com/cases/yextinc-yext-shareholder-class-action-lawsuit-stock-fraud-228/apply/ or contact Matthew E. Guarnero toll free at (877) 779-1414 or MGuarnero@bernlieb.com.

If you wish to serve as lead plaintiff, you must move the Court no later than December 30, 2019. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn't require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.

Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for ten consecutive years.

ATTORNEY ADVERTISING. © 2019 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin. Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact Information:

Matthew E. Guarnero

Bernstein Liebhard LLP

https://www.bernlieb.com

(877) 779-1414

MGuarnero@bernlieb.com

SOURCE: Bernstein Liebhard LLP



View source version on accesswire.com:
https://www.accesswire.com/569786/YEXT-LOSSES-ALERT-Bernstein-Liebhard-LLP-Announces-Investigation-of-Yext-Inc-and-Encourages-Investors-with-Losses-to-Contact-the-Firm

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.