Perion Network Ltd. Investors Alerted to Class Action Lawsuit; Advisory by Portnoy Law Firm

Investors in Perion Network Ltd. PERI have been notified of a class action lawsuit filed on their behalf. The suit concerns possible unlawful practices and management failings within the company. Perion Network Ltd., operating globally from its headquarters in Holon, Israel, is known for providing digital advertising solutions to various clients, including brands, agencies, and publishers.

Class Action Commences

Legal proceedings have begun against Perion Network Ltd. in response to allegations that the company may have misled its shareholders. The Portnoy Law Firm is leading the advisory, urging PERI investors who have experienced losses to get in touch. By doing so, affected individuals can gain insight into the lawsuit and explore avenues for potential recovery of their lost capital, with the legal consultation provided at no charge.

Portnoy Law Firm's Role

The Portnoy Law Firm, prominent in investor rights advocacy, is extending its expertise to the shareholders of Perion Network Ltd. In the face of the class action, the firm stands ready to assist investors as they come to terms with the situation and seek to secure what may be rightfully theirs. By reaching out to the firm, investors can learn the specifics about how the lawsuit might impact them and the steps they can take moving forward.

About Perion Network Ltd.

Perion Network Ltd. has carved a niche for itself in the digital advertising sector and is traded publicly under ticker PERI. Their operational outreach is vast, spanning continents. While the core of their business lies in advertising solutions, the ramifications of the lawsuit could have significant impacts on their reputation and shareholder value.

Understanding the Role of Microsoft Corporation

While Microsoft Corporation MSFT is not directly implicated in the class action against Perion Network Ltd., it's important to acknowledge its stature in the technology sector. As an American multinational company, MSFT has a robust presence with a diverse portfolio including software products like the Windows operating systems, Office suite, and Edge web browsers, as well as hardware offerings such as Xbox consoles and Surface PCs. MSFT's achievements include ranking No. 21 on the 2020 Fortune 500 list and being recognized as the largest software maker by revenue as of 2016. The company is also part of the Big Five in the U.S. information technology industry, alongside other tech giants.

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