Class Action Alert: Lawsuit Filed Against Expensify, Inc. - Investors Urged to Contact Bragar Eagel & Squire, P.C.

NEW YORK, Dec. 10, 2023 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, P.C., a law firm advocating for the rights of shareholders nationwide, has issued a reminder to investors that a class action lawsuit has been initiated against Expensify, Inc. EXFY, a provider of cloud-based expense management software. The lawsuit has been filed in the United States District Court and it addresses concerns regarding potential violations of federal securities laws.

Background of Expensify and the Class Action

Headquartered in Portland, Oregon, Expensify, Inc. offers its expense management solutions to individuals, small businesses, and large corporations across the US and globally. The basis of the lawsuit stems from allegations that the company may have issued materially misleading business information to the investing public, leading to potential damages for shareholders.

Investor Participation and Legal Counsel

Investors who purchased shares of Expensify EXFY and incurred losses are encouraged to contact Bragar Eagel & Squire, P.C. for consultation. The legal team at Bragar Eagel & Squire has developed a reputation for its dedicated representation of shareholders in various securities and class action lawsuits.

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