Slack Technologies, Inc.
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Zhang Investor Law announces the filing of a class action lawsuit on behalf of shareholders who bought shares of Slack Technologies, Inc. (NYSE: WORK) pursuant or traceable to the June 2019 Initial Public Offering (“June 2019 IPO”)(the “Class Period”). The lawsuit seeks to recover damages for Slack Technologies, Inc. investors under the federal securities laws.
If you bought Slack Technologies, Inc. securities pursuant or traceable to the June 2019 IPO, and would like to join the action, please click “Join This Class Action,” above.
SHAREHOLDER ALERT: Zhang Investor Law Announces the Filing of a Securities Class Action Lawsuit Against Slack Technologies, Inc. – WORK
New York, N.Y., September 26, 2019. Zhang Investor Law announces the filing of a class action lawsuit on behalf of shareholders who bought shares of Slack Technologies, Inc. (NYSE: WORK) between pursuant or traceable to the June 2019 IPO, inclusive (the “Class Period”).
To join the WORK class action, go to http://zhanginvestorlaw.com/cases/slack-technologies-inc/ call Sophie Zhang, Esq. toll-free at 800-991-3756 or email firstname.lastname@example.org for information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT.
According to the lawsuit, throughout the Class Period (1) the Company’s Slack Platform was susceptible to recurring service-level disruptions; (2) such disruptions were increasingly likely to occur as Slack scaled its services to a larger user base; (3) Slack provides credits even if a customer was not specifically affected by service-level disruptions; (4) any service-level disruptions would have a material adverse impact on Slack’s financial results; and (5) as a result, Slack’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 18, 2019. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://zhanginvestorlaw.com/cases/slack-technologies-inc/ or to discuss your rights or interests regarding this class action, please contact Sophie Zhang, Esq. of Zhang Investor Law toll free at 800-991-3756 or via e-mail at email@example.com.
Zhang Investor Law represents investors worldwide.