CLASS ACTION ALERT: The Law Offices of Vincent Wong Remind Edgio Investors of a Lead Plaintiff Deadline of June 26, 2023
NEW YORK, May 1, 2023 /PRNewswire/ -- Attention Edgio, Inc. f/k/a Limelight Networks, Inc. ("Edgio") (NASDAQ: EGIO) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between February 11, 2021 and March 12, 2023.
If you suffered a loss on your investment in Edgio, contact us about potential recovery by using the link below. There is no cost or obligation to you.
https://www.wongesq.com/pslra-1/edgio-class-action-submission-form?prid=38619&wire=4
ABOUT THE ACTION: The class action against Edgio includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (1) the sale of Open Edge equipment should be accounted as financing leases; (2) there were material weaknesses in the Company's internal controls over financial reporting related to Open Edge transactions; (3) as a result, the Company's revenue had been overstated in certain periods; and (4) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
DEADLINE: June 26, 2023
Aggrieved Edgio investors only have until June 26, 2023 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: [email protected]
SOURCE The Law Offices of Vincent Wong
Share this article