LOS ANGELES, Nov. 10, 2022 (GLOBE NEWSWIRE) — The law office of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders in the following public companies. Investors have until the deadlines listed below to file a lead plaintiff filing.

Investors who experience losses on their investments are encouraged to contact The Law Offices of Frank R. Cruz to discuss their legal rights in these class actions at 310-914-5007 or by email at [email protected].

Figures, Inc. (NYSE: FIG)
Class period: May 27, 2021 – May 12, 2022
Deadline for lead plaintiff: January 3, 2023

The complaint filed in this class action alleges that the defendants made materially false and/or misleading statements and failed to disclose material adverse facts about the Company’s business, operations and prospects. In particular, the defendants: (1) inflated the Company’s true ability to successfully acquire repeat customers; (2) failed to disclose the company’s increasing reliance on air freight; (3) inflates expected 2022 net income, gross margin and Adjusted EBITDA margin; and (4) as a result, the defendants’ positive statements about the Company’s business, operations and prospects were materially misleading and/or lacking a reasonable basis at all relevant times.

If you are a FIG shareholder who has suffered a loss, click here take part.

Freshworks Inc. (NASDAQ: FRESH)
Class Period: September 22, 2021 – November 1, 2022
Deadline for lead plaintiff: January 3, 2023

The complaint filed in this class action alleges that the defendants made materially false and/or misleading statements and failed to disclose material adverse facts about the Company’s business, operations and prospects. Specifically, Defendants failed to disclose to investors that (1) Freshworks’ net dollar retention rate had plateaued while its revenue growth rate and billings slowed, and (2) as a result, Defendants’ positive statements about… .