Legal

Class Action Filed Against Perion Network Ltd.; Investors Seek Recovery

Published June 7, 2024

Investors of Perion Network Ltd. PERI are informed of a class-action lawsuit orchestrated on their behalf. The originating law firm has extended an invitation to those affected investors, urging them to come forward to discuss options for recouping their financial losses, a service offered pro bono. Perion Network Ltd., a firm based in Holon, Israel, specializes in digital advertising solutions delivered across North America and Europe, catering to publishers, brands, and various agencies. Despite its influential presence in the advertising realm, the company now faces legal challenges manifested in this investor-led litigation.

Legal Recourse for Perion Network Shareholders

The lawsuit aims to represent PERI investors, whose equity interests have suffered from alleged corporate misdeeds. With proceedings underway, active shareholders are urged to make inquiries regarding their legal options. The law firm managing the case is prepared to assist these investors in navigating the complexities of securities litigation, striving for compensatory recovery.

Microsoft Corporation's Standing MSFT

In contrast, Microsoft Corporation MSFT, a tech goliath with operations spanning the globe, continues to develop cutting-edge software, consumer electronics, and personal computing solutions. With notable industry leadership attributed to products like Microsoft Windows, Microsoft Office, and the Microsoft Surface line, MSFT remains a cornerstone of the American technology sector. Ranking impressively in Fortune 500 listings and titled as the largest software maker by revenue as of 2016, Microsoft stands apart as one of the Big Five in the US IT industry, alongside other industry titans such as Google, Apple, Amazon, and Facebook.

Perion, Microsoft, Investors