November 24, 2021
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Levi & Korsinsky, LLP, Researching Possible Securities Law Violations - Lightspeed Commerce Inc.- LSPD - Yahoo Finance

NEW YORK, Nov. 24, 2021 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP:

To: All persons or entities who purchased or otherwise acquired securities of Lightspeed Commerce Inc. ("Lightspeed") (NYSE: LSPD) between September 11, 2020 and September 28, 2021. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Eastern District of New York. To get more information go to:

levi___korsinsky__llp_logo
levi___korsinsky__llp_logo

or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500. There is no cost or obligation to you.

Lightspeed Commerce Inc. NEWS - LSPD NEWS

CASE DETAILS: According to the filed complaint: (i) Lightspeed had misrepresented the strength of its business by, inter alia, overstating its customer count, gross transaction volume, and increase in Average Revenue Per User, while concealing the Company's declining organic growth and business deterioration; (ii) Lightspeed had overstated the benefits and value of the Company's various acquisitions; (iii) accordingly, the Company had overstated its financial position and prospects; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

WHAT THIS MEANS TO SHAREHOLDERS: If you suffered a loss in Lightspeed, you have until January 18, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

NO COST TO YOU: If you purchased Lightspeed securities between September 11, 2020 and September 28, 2021, you may be entitled to compensation without payment of any out-of-pocket costs or fees.

PROTECT YOUR FINANCIAL INTERESTS: Complete this brief submission form https://www.zlk.com/pslra-1/lightspeed-commerce-inc-loss-submission-form?prid=21443&wire=5 or call 212-363-7500 to discuss the case with Joseph E. Levi, Esq.



source: https://finance.yahoo.com/news/levi-korsinsky-llp-researching-possible-210700972.html

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