NEW YORK, Sept. 21, 2022 (GLOBE NEWSWIRE) — Pomerantz LLP is investigating claims on behalf of WalkMe Ltd investors. (“WalkMe” or the “Company”) WKME. Those investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, extension 7980.

The investigation concerns whether WalkMe and certain of its officers and/or directors have engaged in securities fraud or other illegal business practices.

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On or about June 15, 2021, WalkMe completed its initial public offering (“IPO”), selling 9.25 million shares of WalkMe at a price of $31.00 per share. Then, on September 12, 2022, WalkMe issued a press release announcing the departure of the company’s chief financial officer, Andrew Casey, which said: “[a]After nearly three years as a finance executive, Casey is leaving the company to pursue another opportunity.” WalkMe’s share price has fallen sharply since its IPO, hurting investors.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris and Tel Aviv, is recognized as one of the leading law firms specializing in corporate, securities and antitrust litigation. Founded by the late Abraham L. Pomerantz, best known as Dean of the Class Bar Association, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues the tradition he founded and fights for the rights of victims of securities fraud, fiduciary breaches and corporate wrongdoing. The firm has recovered numerous multi-million dollar claims on behalf of group members. See www.pomlaw.com.

CONTACT:
Robert S Willoughby
Pomerantz LLP
[email protected]