Cohen Milstein Sellers & Toll PLLC

01/08/2025 | Press release | Distributed by Public on 01/08/2025 13:14

Cohen Milstein Urges Shareholders Who Lost Significant Money in Five9, Inc. to Contact Firm

January 8, 2025

WASHINGTON, January 8, 2025 - Investors who lost money on securities of Five9, Inc. ("Five9" or the "Company") (Nasdaq: FIVN) purchased between June 4, 2024 and August 8, 2024 can contact Cohen Milstein Sellers & Toll PLLC to learn about a new class action securities lawsuit.

To learn about your legal options, click here to hear from member of the Cohen Milstein team or contact Partner Molly J. Bowen at (202) 408-4600 or [email protected].

CASE BACKGROUND: Five9 is a software company for a cloud-based contact center. A complaint filed on December 4, 2024 in the U.S. District Court for the Northern District of California alleges that the Company and officers Michael Burkland and Barry Zwarenstein made false and misleading statements to investors regarding sales and company financials in violation of Section 10(b), Rule 10b-5, and Section 20(a) of the Exchange Act.

NEXT STEPS: If you suffered a significant loss in FIVN shares purchased during the proposed class period of June 4, 2024 to August 8, 2024, and are interested in serving as lead plaintiff in this action, you have until February 3, 2025 to request that the court appoint you as lead plaintiff. You are not required to file a lead plaintiff motion to share in any recovery in this action as a class member.

OUR FIRM: With more than 100 attorneys in eight offices, Cohen Milstein is one of the largest plaintiff-side law firms in the U.S., with more than four decades of experience litigating securities fraud cases. We have recovered billions of dollars to investors, including $1 billion last year as co-lead counsel in In re Wells Fargo & Company Securities Litigation, and are perennially recognized as one of the best securities practice groups in the country by legal publications such as The National Law Journal, Law360, Chambers USA, and The Legal 500. For more information visit www.cohenmilstein.com.

Prior results do not guarantee a similar outcome. This may be considered Attorney Advertising.

CONTACT INFORMATION:

Molly Bowen, Esq.
Licensed in DC, Florida, and Ohio
Cohen Milstein Sellers & Toll PLLC
1100 New York Avenue, N.W., Fifth Floor
Washington, D.C. 20005
Telephone: (888) 240-0775 or (202) 408-4600
Email: [email protected]

Website: www.cohenmilstein.com

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Molly J. Bowen

Partner