![]() ![]() Its attorneys have established track records litigating securities cases in courts throughout the country and recovering losses on behalf of investors. Thornton Law Firm is not currently representing a plaintiff who filed a complaint but is investigating the case on behalf of investors interested in being a lead plaintiff.įOR MORE INFORMATION: Thornton Law Firm's securities attorneys are highly experienced in representing investors in recovering damages caused by violations of the securities laws. ![]() Until certification occurs, investors are not represented by an attorney. ![]() If investors choose to take no action, they can remain an absent class member. Investors do not need to be a lead plaintiff in order to be a class member. A lead plaintiff acts on behalf of all other investor class members in managing the class action. Interested Lightspeed investors have until Januto retain counsel and apply to be a lead plaintiff if they are interested to do so. The lawsuit alleges that Lightspeed's stock price dropped $13.73 per share on September 29, 2021. Investors may also email or call 61.įOR MORE INFORMATION: The case alleges that Lightspeed and its senior executives made misleading statements to investors and failed to disclose that: (i) Lightspeed had misrepresented the strength of its business by overstating its customer count, gross transaction volume ("GTV"), and increase in Average Revenue Per User ("ARPU"), 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 and (iii) accordingly, Lightspeed had overstated its financial position and prospects. Investors who purchased LSPD securities between Septemand Septemmay contact the Thornton Law Firm's investor protection team by visiting for more information. The case is currently in the lead plaintiff stage. November 17, 2021) - The Thornton Law Firm alerts investors that a class action lawsuit has been filed on behalf of investors of Lightspeed Commerce Inc. LIGHTSPEED INVESTOR ALERT: Shareholder Lawsuit Filedīoston, Massachusetts-(Newsfile Corp. Company Overview Our Team Our Commitment Success Stories Upcoming Conferences Careers. ![]()
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