Rosen Law Firm Urges Amplitude, Inc. Investors to Act Before Deadline in Securities Class Action

NEW YORK, March 07, 2024 (GLOBE NEWSWIRE) — The Rosen Law Firm, a prominent global firm dedicated to investor rights, is calling on investors who acquired shares of Amplitude, Inc. AMPL during the period from September 21, 2021, to February 16, 2022, to come forward before the crucial deadline of April 15, 2024, regarding a pending securities class-action lawsuit. This suit alleges that Amplitude, Inc. may have disseminated materially misleading business information to the investing community.

Understanding the Class Action

The class action pending against Amplitude, Inc. concerns whether the company and its executives violated federal securities laws by issuing false and/or misleading information or by failing to disclose information pertinent to investors. Investors who have lost money investing in Amplitude, Inc. AMPL during the specified class period may be eligible to seek compensation for their losses by participating in the action.

Eligibility to Participate

Investors affected by the alleged securities fraud are urged to contact counsel in order to be appointed as a lead plaintiff. While any member of the purported class may move the court to serve as lead plaintiff, the law encourages concerned investors with sizable losses to lead the case. The Rosen Law Firm is prepared to discuss options for investors' participation in the lawsuit and invites those who meet the criteria to secure representation ahead of the mid-April deadline.

What Is at Stake for AMPL Investors?

The outcome of this legal action could have significant financial implications for current and former investors of Amplitude. Compensation may include recovery of lost capital, as well as additional damages if the court finds that securities laws were breached during the class period. The reminder serves as an important call to action for investors who believe they might have been financially harmed due to potential misrepresentations or omissions by Amplitude, Inc.

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