Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, Feb. 13, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Atlassian Corporation (“Atlassian” or the “Company”) (NASDAQ: TEAM) investors that a lawsuit filed on behalf of investors that purchased securities of Atlassian (NASDAQ: TEAM) August 5, 2022 and November 3, 2022, both dates inclusive (the "Class Period").
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
The lawsuit alleges that during the Class Period, the defendants made false or misleading statements, or omitted material information, including that macroeconomic factors were hurting Atlassian's business, slowing conversions from free to paid customers was a negative trend, paid user growth had also slowed, and defendants' positive statements about the Company's financial guidance, business, operations, and prospects were materially false and misleading. The lawsuit claims that when the truth was revealed, investors suffered losses.
Please visit our website to review more information and submit your transaction information.
The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
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