Perion Network Ltd. faces a securities class action lawsuit over alleged false statements on search advertising, Microsoft relationship, and AI.
Perion Network Ltd. faces a securities class action lawsuit alleging false statements and concealed information about its search advertising business, Microsoft relationship, and AI technology impact. Shareholders who suffered losses between February 9, 2021, and April 5, 2024, can seek recovery under federal securities laws. The deadline for lead plaintiff applications is June 17, 2024.
June 10, 2024
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