FRSH LAWSUIT ALERT: Levi & Korsinsky Notifies Freshworks Inc. Investors of a Class Action Lawsuit and Upcoming Deadline

NEW YORK, Dec. 22, 2022

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Freshworks investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of persons and entities that purchased Freshworks common stock pursuant to and/or traceable to documents issued in connection with the Company's initial public offering. Follow the link below to get more information and be contacted by a member of our team:

https://www.zlk.com/pslra-1/freshworks-class-action-loss-submission-form?prid=34844&wire=4

FRSH investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.

CASE DETAILS: According to the complaint, the documents used to effectuate Freshworks' initial public offering were false and misleading and omitted to state that, at the time of the initial public offering, the Company's business had encountered obstacles. As a result of these obstacles, Freshworks' net dollar retention rate was plateauing, and its revenue growth rate and billings were decelerating.

WHAT'S NEXT? If you suffered a loss in Freshworks during the relevant time frame, you have until January 3, 2023 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.